A move on the Barclays bond index business by MSCI makes sense because some observers see MSCI as needing to bolster its fixed income index offerings.
The firm, however, is a giant and one of the most recognizable brands in terms of underlying indices for equity-based ETFs.
The $4.8 billion iShares MSCI ACWI ETF (NasdaqGS: ACWI), $42.5 billion iShares MSCI Emerging Markets ETF (NYSEArca: EEM) and $50.2 billion iShares MSCI EAFE ETF (NYSEArca: EFA) are among the ETFs benchmarked to MSCI indices.
ETF Trends editorial team contributed to this piece. Tom Lydon’s clients own shares of EEM, EFA and JNK.