“We are delighted with these numbers which are further evidence of MSCI’s strength in the ETF market, based on our strategy of continuous innovation combined with close, long-term working relationships with ETF providers,” said Baer Pettit, Managing Director and Global Head of MSCI’s index business, in the statement. “Add to this the power of MSCI’s globally recognized brand and leadership position in the international equity index space and you can see why so many ETF providers choose MSCI as their provider of choice.”
New funds tracking MSCI indices include a suite of international ETFs launched by State Street Global Advisors, the second-largest U.S. ETF sponsor, in June. Those ETFs include the SPDR MSCI Emerging Markets Quality Mix ETF (NYSEArca: QEMM), SPDR MSCI World Quality Mix ETF (NYSEArca: QWLD) and the SPDR MSCI EAFE Quality Mix ETF (NYSEArca: QEFA). [SSgA, MSCI Partner on New Factor ETFs]
Earlier this month, Global X announced it transitioned the Global X MSCI Colombia ETF (NYSEArca: GXG) and the Global X MSCI Norway ETF (NYSEArca: NORW) to MSCI indices and will do the same with the Global X FTSE Argentina 20 ETF (NYSEArca: ARGT) and the Global X Nigeria Index ETF (NYSEArca: NGE) in August. [Global X Announces Index Changes]
Over 650 ETFs listed around the world benchmark to MSCI indices and more $1 billion ETFs track MSCI indices than any other provider. Two of the seven largest U.S. ETFs – EEM and the iShares MSCI EAFE ETF (NYSEArca: EFA) – track MSCI indices.
Tom Lydon’s clients own shares of EEM and EFA.