GLOBAL - MSCI Barra announced today it has launched the MSCI Global Currency Indices.
The MSCI Global Currency Indices reflect the performance of both the currency and interest rate returns of the developed and emerging market currencies in regional or composite MSCI equity indices.
David Brierwood, COO, MSCI Barra, said the MSCI Global Currency Indices and the MSCI Short & Leveraged Indices belonged to the MSCI Thematic & Strategy Indices.
The weights of each currency are set equal to the relevant country weight in the corresponding MSCI equity index. The construction methodology of the currency indices enable institutional investors to measure the total investment performance of foreign currencies within an equity portfolio tracking an MSCI equity index.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers