NEW YORK--(BUSINESS WIRE)--MSCI Inc (NYSE:MSCI), a leading provider of investment decision support tools worldwide, announced that Krane Funds Advisors LLC (KraneShares), a provider of China-focused exchange traded funds (ETFs), and Bosera Asset Management (Bosera), one of China's largest asset managers, have licensed the MSCI China A Index as the basis of a new ETF trading on the New York Stock Exchange.
“This will be the first NYSE-listed ETF tracking the MSCI China A Index, which provides the broadest exposure to the opportunities of the A shares market,” said Jonathan Krane, Chief Executive Officer of KraneShares.
Charles Wang, Bosera’s Chief Investment Officer, said, "The MSCI China A Index covers not only large cap but also mid cap stocks with significant index exposures to growth sectors such as consumer durables, consumer staples, healthcare and technologies. We look forward to working closely with KraneShares to offer the first MSCI-linked China A ETF for US investors."
“Recent developments in the Chinese domestic capital markets have had wide implications for investors globally and the MSCI China A Index represents broad access to the opportunity set in the region,” said Diana Tidd, Managing Director and Head of the MSCI Index Business in the Americas. “We are pleased to be working with KraneShares and Bosera as they introduce this new MSCI index-linked ETF that will give US investors direct access to the China A shares market.”
In a 2013 report, Greenwich Associates named MSCI the “benchmark of choice” for international equity ETFs.1 More than 600 ETFs are linked to MSCI indexes.2
1 Greenwich Report “Institutional Investors’ Relationship
with ETFs Deepens”, May 2013, Greenwich Associates
2 As of December 31, 2013, as reported by Bloomberg
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 governance tools.
The company’s flagship product offerings are: the MSCI indexes with approximately USD 8 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; ISS corporate governance research, data and outsourced proxy voting and reporting services; 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 September, 2013, as reported on January 31, 2014 by eVestment, Lipper and Bloomberg
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