GLOBAL - MSCI Barra has launched a new series of benchmark indices for 19 frontier market countries and the MSCI Asia APEX 50 Index, a tradable Asian index.
The Asia APEX 50 Index will comprise the top 50 Asian stocks (ex Japan) on a market cap basis and has been designed to act as a base on which products such as exchange traded OTC derivatives, ETFs and other passive investment vehicles can be launched.
"Our decision to launch [these] indices reflects the growing interest from international investors in these equity markets, as they look beyond existing developed and emerging markets in their search for new investment opportunities," said Henry Fernandez, chairman and CEO of MSCI Barra.
"As the individual country markets across Asia have become more accessible, the demand for index linked products based on the region has increased."
Ex-BHS owner Dominic Chappell has been ordered to pay a total of £87,000 in fines and court costs after he was found guilty of failing to provide The Pensions Regulator (TPR) with information.
The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.