CSOP Asset Management Licenses New MSCI China and USA Internet Index
28 January 2015 - 11:00AM
Business Wire
New index forms basis of CSOP MSCI China
& USA Internet 50 ETF
MSCI Inc. (NYSE: MSCI), a leading provider of investment
decision support tools worldwide, announced today that CSOP Asset
Management, one of the largest Chinese asset management firms in
Hong Kong with over USD 8 billion in assets under management, has
licensed the MSCI China and USA Internet Top 50 Equal Weighted
Index* for a new ETF to be launched shortly.
“We chose MSCI as the index provider for this ETF as the new
index delivers broad coverage of globally recognized Internet
companies, which we believe play an important role on defining the
future of the world economy,” said Jack Wang, Deputy Chief
Marketing Officer of CSOP Asset Management. “As a leading ETF
provider we were also impressed with the high level of support from
MSCI.”
“We are delighted that CSOP Asset Management chose MSCI for the
creation of this innovative index,” said Theodore Niggli, Head of
MSCI’s index business in Asia Pacific. “This new index demonstrates
MSCI’s advanced index design and custom index calculation
capabilities which can be used to serve ETF providers around the
world.”
With over 675 ETFs1 tracking MSCI indexes globally, more ETFs
track MSCI’s indexes than those of any other index provider.
MSCI was named ‘Best Index Provider for ETF Products 2014’ at
the ETF Risk European Rankings and was named ‘Index Provider of the
Year 2014’ in three separate awards: the Financial News Asset
Management Awards, the Global Capital Derivatives Awards and the
European Pensions Awards.
* a custom index calculated by MSCI based on the 50 largest
internet software and retail companies listed on US or Hong Kong
exchanges.
1 Data as of December 31, 2014, calculated by aggregating the
number of share classes of all exchange traded funds tracking an
MSCI index, as identified by separate Bloomberg tickers. Only
primary listings, and not cross-listings, are counted.
About MSCI
MSCI Inc. is a leading provider of investment decision support
tools to investors globally, including asset managers, banks, hedge
funds and pension funds. MSCI products and services include
indexes, portfolio risk and performance analytics, and ESG data and
research.
The company’s flagship product offerings are: the MSCI indexes
with over USD 9.5 trillion estimated to be benchmarked to them on a
worldwide basis1; Barra multi-asset class factor models, portfolio
risk and performance analytics; RiskMetrics multi-asset class
market and credit risk analytics; IPD real estate information,
indexes and analytics; MSCI ESG (environmental, social and
governance) Research screening, analysis and ratings; and FEA
valuation models and risk management software for the energy and
commodities markets. MSCI is headquartered in New York, with
research and commercial offices around the world.
1As of June 30, 2014, as reported on September 30, 2014, by
eVestment, Morningstar and Bloomberg
For further information on MSCI, please visit our web site
at www.msci.com
Media Enquiries:MSCI, New YorkKristin Meza, +
1-212-804-5330orMSCI, LondonPaul Griffin, + 44-20-618-2594orMHP
Communications, LondonNick Denton, + 44-20-3128-8754Christian
Pickel, + 44-20-3128-8208orMSCI Global Client Service:EMEA Client
Service, + 44-20-7618-2222Americas Client Service, 1-888-588-4567
(toll free)/+ 1-212-804-3901Asia Pacific Client Service, +
852-2844-9333
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