MSCI to Price Investable Index Daily

March 15, 2004 at 07:00 PM
Share & Print

GENEVA, Switzerland (HedgeWorld.com)–Morgan Stanley Capital International will begin publishing an indicative daily price for its investable hedge fund index, the MSCI Hedge Invest Index, which now has more than US$1.2 billion of investments linked to it, according to MSCI.

The first day of estimated indicative pricing was scheduled to begin, Monday, March 8, meaning investors in the index will be able to track performance during the week. But trading in the index will continue to be allowed only on a weekly basis with official published net asset values, according to a statement from MSCI.

The investable index currently contains 82 funds and is managed with the assistance of Lyxor Asset Management, a unit of Societe Generale Group, both based in Paris. Lyxor signed an agreement to license the MSCI index in June Previous HedgeWorld Story.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Related Stories

Resource Center