While MSCI mulls over what to do about Multiple Share Classes I see an obvious solution: publish indices with and without these shares and give the investors the choice of yardstick they prefer.
But give end investors the same option, so ask pension fund sponsors and clients of mutual funds and private banks which index they want to have used as a benchmark. (3- Nov-2017)
Bloomberg
During a speech yesterday at the New York City Bar Association, Brian Daly,
Director of the SEC’s Division of Investment Management, shared his
thoughts on...
2 days ago
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