Business
Countdown to launch of new ASX indexes for ESG boom
The ASX share market looks set to gain yet another new tranche of indexes in 2021.
Until now, ASX exchange-traded funds (ETFs) that track the Australian share market follow a very narrow range of ASX-based indexes. These mostly revolve around the flagship S&P/ASX 200 Index (ASX: XJO). However, there are other less-used indexes, such as the S&P/ASX 300 Index (ASX: XKO).
But as you might have noticed, most of these ‘ASX-only’ indexes are run by S&P Global Inc (NYSE: SPGI).
But today, we have news that another global index provider in MSCI is set to join the party.
Who’s this?
MSCI (formerly Morgan Stanley Captial International) is a New York-based company known for its globe-spanning indexes. Although MSCI currently does not…
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