GLOBAL - MSCI Barra will introduce a number of changes to the MSCI Global Investable Market Indices, following its November 2008 Semi-Annual Index Review.
As part of the review, the company said the MSCI Lithuania and MSCI Serbia Indices, launched in May 2008 as stand-alone country indices, would be added to the MSCI Frontier Markets Index.
MSCI Barra also introduced new stand-alone country indices for Botswana, Ghana, Jamaica and Trinidad & Tobago, while 67 securities would be added to and 131 securities would be deleted from the MSCI Global Standard Indices.
Overall, the company said, there would be 340 additions to and 375 deletions from the MSCI Global Investable Market Indices.
In addition, MSCI Barra will introduce changes to the MSCI US Equity Indices that will be effective as of the close of 25 November 2008.
Among the main changes, the company said 11 securities would be added to the MSCI US Large Cap 300 Index, while 31 securities would be added to the MSCI US Mid Cap 450 Index.
In addition, the company said there would be 16 securities deleted from the MSCI US Mid Cap 450 Index, 123 securities added to the MSCI US Small Cap 1750 Index, 92 securities deleted from the MSCI US Small Cap 1750 Index, 98 securities added to the MSCI US Micro Cap Index and 153 securities deleted from the MSCI US Micro Cap Index.
Other announced changes will affect the following groups of indices: MSCI Global Value and Growth Indices, MSCI China A Index, MSCI China A Value and Growth Indices, MSCI Pan-Euro and Euro Indices, MSCI Global Islamic Indices, MSCI Kokunai Japan Equity Indices, MSCI Thematic & Strategy Indices, MSCI US Reit Index.
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