New York, October 31, 2005 - MSCI Barra, a leading provider of benchmark indices and risk management analytics products, is pleased to announce that assets in Exchange Traded Funds (ETFs) based on MSCI Equity Indices now exceed USD 50 Billion. To date, there are over 70 ETFs based on MSCI Equity Indices trading in the U.S., Europe and Asia. In the U.S., the MSCI International Equity Indices are the target indices for 30 ETFs with USD 47 billion in assets (as of October 4, 2005). In addition, the MSCI US Equity Indices form the basis of 18 ETFs with a total of USD 8.5 billion in assets.
"MSCI Equity Indices are being increasingly used as the basis of ETFs. This growth is based on MSCI Barra's longstanding position as the leading provider of international indices, and on our comprehensive suite of indices, which allow investors to allocate assets across regions and asset classes with a globally consistent approach. In addition MSCI Barraâs use of investability screens are designed to enable ETF providers and others to track the index with relatively low costs," said Rabbe Ekholm, Managing Director at MSCI Barra. This increasing adoption of MSCI Indices is demonstrated by several facts:
- MSCI International Equity Indices now form the basis of 90% of international equity ETF assets in the U.S.
- In September 2005, the ETF tracking the MSCI EAFEÂ® Index became the worldâs second largest ETF
- Six of the top 10 ETFs launched in the U.S. in 2004 are based on MSCI US Equity Indices