MSCI Barra, a leading provider of benchmark indices and risk management analytics products, announced today that it will launch a new series of China equity indices designed to reflect the equity investment opportunity set available to China Qualified Domestic Institutional Investors (QDII). The new indices feature the MSCI China H Index, which reflects the current non-domestic opportunity set available to QDII investors. This new series, which will be available later this month, provides China investors who wish to invest beyond the domestic A Share market with indices that reflect non-domestic China equity investment opportunities.
"The introduction of these QDII indices demonstrates MSCI Barra's continued commitment to developing products that can fulfill the evolving needs of China equity investors. The QDII scheme represents an important development for the investment industry in China. MSCI Barra is committed to providing tools to help investors understand current and new opportunities as they become available in this dynamic market," said Henry Fernandez, President and CEO of MSCI Barra. "Since MSCI Barra introduced the MSCI China A Index in May 2005, we have continued to reinforce our leadership position in China through the introduction of innovative products, including the MSCI China A Value and Growth, and Absolute Value and Absolute Growth Indices introduced in June."
The new indices will also include a series of composite indices, which reflect the combined investment opportunity of domestic and non-domestic China equities. The composite indices range from the MSCI China A + H Index, which represents the combined opportunity set currently available to QDII investors, to the MSCI Zhong Hua Composite Index, which combines the MSCI China, Hong Kong and China A Indices. The composite indices will enable investors to understand the performance of the opportunity set that is currently available to them in relation to the broader China opportunity set.
About MSCI Barra
MSCI Barra develops and maintains equity, fixed income, multi-asset class, REIT and hedge fund indices that serve as benchmarks for an estimated USD 3 trillion on a worldwide basis. MSCI Barra's risk models and analytics products help the world's largest investors analyze, measure and manage portfolio and firm-wide investment risk. MSCI Barra is headquartered in New York, with research and commercial offices around the world. Morgan Stanley, a global financial services firm and a market leader in securities, asset management, and credit services, is the majority shareholder of MSCI Barra, and Capital Group International, Inc. is the minority shareholder.
For further information on MSCI Barra, please visit our web site at www.mscibarra.com
For media enquiries please contact:
| Ben Curson | Clare Rowsell, Penrose Financial, London | + 44.20.7786.4888 |
| Ann Taylor Reed | Mary Beth Grover, Abernathy MacGregor, New York | + 1.212.371.5999 |
MSCI Barra Global Client Service:
| Aatish Suchak, MSCI Barra, London | + 44.20.7618.2222 |
| Cecile Distel, MSCI Barra, New York | + 1.212.762.5790 |
| Jackson Wang, MSCI Barra, San Francisco | + 1.415.576.2323 |
| Susanna Wu, MSCI Barra, Hong Kong | + 852.2848.6740 |
| Pavithra Ramasubban, MSCI Barra, Sydney | + 61.2.9220.9333 |
| Masao Ikeda, MSCI Barra, Tokyo | + 813.5424.5470 |
The information contained in this document, including all text, data, graphs, charts and all other information (collectively, the "Information") is the property of Morgan Stanley Capital International Inc. (MSCI) and is provided for informational purposes only. Any use of MSCI indices, data or other information requires a license from MSCI. The Information may not be used to verify or correct other data, to create indices, or in connection with offering, sponsoring, managing or marketing any securities, portfolios, financial instruments or products. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, and MSCI does not endorse, approve or otherwise express any opinion regarding any issuer, securities, financial instruments or products or trading strategies that may be described or mentioned herein. Further, none of the Information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. The user of the Information assumes the entire risk of any use it may make or permit to be made of it. NEITHER MSCI, ANY OF ITS AFFILIATES OR ANY OTHER THIRD PARTY INVOLVED IN MAKING OR COMPILING ANY OF THE INFORMATION MAKES ANY EXPRESS OR IMPLIED WARRANTIES OR REPRESENTATIONS WITH RESPECT TO THE INFORMATION (OR THE RESULTS TO BE OBTAINED BY THE USE THEREOF), AND MSCI, ITS AFFILIATES AND EACH SUCH OTHER THIRD PARTY HEREBY EXPRESSLY DISCLAIM ALL IMPLIED WARRANTIES (INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTIES OF ORIGINALITY, ACCURACY, TIMELINESS, NON-INFRINGEMENT, COMPLETENESS, MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE) WITH RESPECT TO ANY OF THE INFORMATION. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any other third party involved in making or compiling any of the Information have any liability regarding any of the Information for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.
Morgan Stanley Capital International, MSCI®, ACWI, EAFE®, Barra®, MSCI Barra and all other service marks referred to herein are the exclusive property of MSCI or its affiliates, except as provided below. All MSCI indices are the exclusive property of MSCI and may not be used in any way without the express written permission of MSCI. The Global Industry Classification Standard (GICS) was developed by and is the exclusive property of MSCI and Standard & Poor's. "Global Industry Classification Standard (GICS)" is a service mark of MSCI and Standard & Poor's.