ChinaAMC Licenses MSCI China A Index for New China A Shares ETF
January 29 2015 - 7:00PM
Business Wire
MSCI Inc. (NYSE:MSCI), a leading provider of investment decision
support tools worldwide, has licensed the MSCI China A Index to
China Asset Management Co., Limited (ChinaAMC) for a new ETF, the
ChinaAMC MSCI China A ETF, to be listed on the Shanghai Stock
Exchange in March.
With over USD 50 billion in assets under management1, ChinaAMC
is one of the largest asset managers in Mainland China, and
launched the first ever ETF there in 2005. The ChinaAMC MSCI China
A ETF is the first ETF to be listed in Mainland China that tracks a
China A index from an international index provider.
“We chose to license the MSCI China A Index as the basis for our
new ETF for two reasons: MSCI’s globally recognized brand, and the
broad and diverse coverage offered by the index,” said Ms Li Yi
Mei, Chief Marketing Officer, ChinaAMC. “We believe that the
combination of these factors will make the ChinaAMC MSCI China A
ETF an efficient and appealing investment vehicle for both domestic
and international investors wishing to invest in China.”
“We believe that the licensing of the MSCI China A Index to
ChinaAMC, a firm with a leading position in China, is testament to
the growing franchise that MSCI has built since opening our office
in Mainland China in 2007,” said Theodore Niggli, Head of MSCI’s
Index business in Asia Pacific. “The MSCI China A Index is the
benchmark for a number of QFII funds used by international
investors to invest in China, and we are sure that China based
investors will also see value in its broad and diversified
coverage.”
The MSCI China A Index is constructed based on the same
methodology as the MSCI Global Investable Market Indexes, which are
widely adopted by international investors. This consistency of
methodology allows investors to analyze the opportunity set of the
China A shares market in the same manner as other global equity
markets. Key features of the MSCI China A Index include:
- Targets 85% free float market
capitalization coverage
- Broad industry representation
- Current number of index constituents is
5232
With no fixed number of index constituents, the MSCI China A
Index is able to reflect the ongoing evolution of this market’s
structure.
For more information: MSCI China A Index Factsheet
1 Source:
http://www.chinaamc.com/english/AboutChinaAmc/CompanyOverview/index.shtml
2 As of December 31, 2014
About MSCI
MSCI Inc. is a leading provider of investment decision support
tools to investors globally, including asset managers, banks, hedge
funds and pension funds. MSCI products and services include
indexes, portfolio risk and performance analytics, and ESG data and
research.
The company’s flagship product offerings are: the MSCI indexes
with over USD 9.5 trillion estimated to be benchmarked to them on a
worldwide basis1; Barra multi-asset class factor models, portfolio
risk and performance analytics; RiskMetrics multi-asset class
market and credit risk analytics; IPD real estate information,
indexes and analytics; MSCI ESG (environmental, social and
governance) Research screening, analysis and ratings; and FEA
valuation models and risk management software for the energy and
commodities markets. MSCI is headquartered in New York, with
research and commercial offices around the world.
1 As of June 30, 2014, as reported on September 30, 201, by
eVestment, Morningstar and Bloomberg
For further information on MSCI, please visit our web site
at www.msci.com
Media Enquiries:MSCI, New YorkKristin Meza, +
1-646-732-5330orMSCI, LondonPaul Griffin, + 44-20-7618-2594orMHP
Communications, LondonNick Denton, + 44-20-3128-8754Christian
Pickel, + 44-20-3128-8208orMSCI Global Client Service:EMEA Client
Service, + 44-20-7618-2222Americas Client Service, 1-888-588-4567
(toll free)/+ 1-212-804-3901Asia Pacific Client Service, +
852-2844-9333
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