MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools worldwide, announced today that it was named the benchmark of choice for international equity exchange traded funds (ETFs) in the fourth annual Greenwich Associates study, Institutional Investors’ Relationship with ETFs Deepens. The study found that 88% of US institutional ETF users and 100% percent of investment consultants name MSCI as their benchmark of choice.
"MSCI is committed to providing high quality indices to the investment community and this recognition is validation directly from the industry that not only are we doing the right thing by our clients but that the index matters,” said Baer Pettit, Managing Director and Global Head of the MSCI Index Business. "The index is a critical tool for institutional investors. The Greenwich Associates study shows that institutions continue to embrace ETFs and, in turn, there will only be a greater emphasis on a funds underlying index."
Among the other key findings in this year’s report is the role the index plays when selecting an ETF. 40 percent of institutions ranked the benchmarks used in ETFs among the top three factors they consider when assessing individual products.
The results of the study are based on interviews with 179 US institutional funds interviewed between February and April 2013 and include corporate pension funds, public pension funds, foundations and endowments, and large asset management firms. For the first time this year, investment consultants, insurance companies and registered investment advisors were also interviewed.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 indices, portfolio risk and performance analytics, and governance tools. The company’s flagship product offerings are: the MSCI indices with close to USD 7 trillion estimated to be benchmarked to them on a worldwide basis 1; Barra multi-asset class factor models, portfolio risk and performance analytics; RiskMetrics multi-asset class market and credit risk analytics; IPD real estate information, indices and analytics; MSCI ESG (environmental, social and governance) Research screening, analysis and ratings; ISS governance research 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. 1 As of September 30, 2012, as published by eVestment, Lipper and Bloomberg on January 31, 2013 For further information on MSCI, please visit our web site at www.msci.com This document and all of the information contained in it, including without limitation all text, data, graphs, charts (collectively, the “Information”) is the property of MSCI Inc. or its subsidiaries (collectively, “MSCI”), or MSCI’s licensors, direct or indirect suppliers or any third party involved in making or compiling any Information (collectively, with MSCI, the “Information Providers”) and is provided for informational purposes only. The Information may not be reproduced or redisseminated in whole or in part without prior written permission from MSCI.