MSCI indices get upgrade

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A LEADING provider of benchmark indices and risk management analytics products has moved a step forward in its attempts to enhance the investable universe.

MSCI Barra, which had previously announced its intention to enhance its coverage of equities, has published a consultation document outlining plans to upgrade the existing MSCI Standard and Small Cap indices. Furthermore, it has unveiled a plan to transfer the existing indices to an enhanced methodology, and outlined changes it wants to see in the composition of indices, including the further segmentation of the large cap, mid cap and small cap universes. The company has laid out proposals for a three-stage transition to begin in November 2007 and end in May 2008. MSCI has posted b...

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