Index roundup: Morgan Stanley taps smart beta indexes

Index roundup

Stock market performance

Morgan Stanley has signed a global replication licence with ERI Scientific Beta which gives the bank access to all the company's smart beta indexes and their associated selection and tracking/evaluation tools, with full transparency and no additional cost. The licence allows Morgan Stanley to replicate Scientific Beta indexes and share information with all counterparties of a fund or mandate relating to the replication. S&P Dow Jones Indices has launched nine South African equity indexes.