MSCI and Bolsa de Valores de Colombia Launch the MSCI COLCAP Index
November 11 2020 - 9:00AM
Business Wire
MSCI Inc. (NYSE: MSCI), a leading provider of critical decision
support tools and services for the global investment community, and
Bolsa de Valores de Colombia (bvc), the leading operator of the
Colombian capital market infrastructure and the Colombian
Securities Exchange, have entered into a strategic alliance to
launch the MSCI COLCAP Index in the first half of 2021.
As the leading stock market index for Colombia, the new MSCI
COLCAP Index is designed to bring greater transparency and
consistency to the Colombia equity universe. The Index tracks the
performance of securities that trade on the bvc. The methodology
and calculation of the Index leverages components of the framework
of MSCI’s rules-based Global Investable Market Indexes Methodology
and are being administered by MSCI. The Index replaces the Colombia
COLCAP Index that was launched in January 2008 and has been the
flagship index of the Colombian market since 2013.
“This is a great step in the internationalization of the
Colombian market, through the implementation of MSCI’s methodology,
main provider of equity indexes for the emerging markets in the
world,” commented Juan Pablo Córdoba, President for the bvc.
“The strengthening of our flagship index through the global
expertise and methodology provided by MSCI, enhances both the
transparency of our equity market and the appeal of Colombia and
Latin America as growing markets and investment options.”
“We are pleased to be partnering with bvc in driving greater
transparency of the Colombian market through the launch of this
flagship index,” said Henry Fernandez, Chairman and Chief
Executive Officer of MSCI. “MSCI’s indexes exist to serve the
needs of international investors who want to understand and
evaluate the global investment opportunity set in any given
country. This strategic alliance represents a significant
development for MSCI in our mission to encourage and foster the
openness and interconnectivity of financial markets across Latin
America and around the world.”
The COLEQTY, COLIR and COLSC indexes will continue to be
managed, calculated and distributed by the bvc.
About MSCI
MSCI is a leading provider of critical decision support tools
and services for the global investment community. With over 45
years of expertise in research, data and technology, we power
better investment decisions by enabling clients to understand and
analyze key drivers of risk and return and confidently build more
effective portfolios. We create industry-leading research-enhanced
solutions that clients use to gain insight into and improve
transparency across the investment process. To learn more, please
visit www.msci.com.
About Bolsa de Valores de
Colombia
Bolsa de Valores de Colombia (bvc) is the leading operator of
the Colombian capital market infrastructure with presence in the
entire value chain. bvc provides solutions and services of
Pre-trading (issuer services and issuances), Trading (access,
electronic and OTC), Post-trading (collateral management, clearing,
settlement, custody and securities administration), Information
(market data and price vendor) and Technology (systems
implementation of core banking, capital markets and digital
solutions) in the on- exchange and OTC markets of equities, fixed
income, derivatives and FX in a direct fashion or through its
subsidiaries and investments.
None of the confirmation contained here (“Information”), MSCI
index or other product or service constitutes an offer to buy or
sell, or a promotion or recommendation of, any security, financial
instrument or product or trading strategy. Further, none of the
Information or any MSCI index is intended to constitute investment
advice or a recommendation to make (or refrain from making) any
kind of investment decision and may not be relied on as such. The
Information is provided “as is” and the user of the Information
assumes the entire risk of any use it may make or permit to be made
of the Information. NONE OF MSCI INC. OR ANY OF ITS SUBSIDIARIES OR
ITS OR THEIR DIRECT OR INDIRECT SUPPLIERS OR ANY THIRD PARTY
INVOLVED IN MAKING OR COMPILING THE INFORMATION (EACH, AN
“INFORMATION PROVIDER”) MAKES ANY WARRANTIES OR REPRESENTATIONS
AND, TO THE MAXIMUM EXTENT PERMITTED BY LAW, EACH INFORMATION
PROVIDER HEREBY EXPRESSLY DISCLAIMS ALL IMPLIEDWARRANTIES,
INCLUDING WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A
PARTICULAR PURPOSE. WITHOUT LIMITING ANY OF THE FOREGOING AND TO
THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT SHALL ANY OF THE
INFORMATION PROVIDERS HAVE ANY LIABILITY REGARDING ANY OF THE
INFORMATION FOR ANY DIRECT, INDIRECT, SPECIAL, PUNITIVE,
CONSEQUENTIAL (INCLUDING LOST PROFITS) OR ANY OTHER DAMAGES EVEN IF
NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES. The foregoing shall
not exclude or limit any liability that may not by applicable law
be excluded or limited. Privacy notice: For information about how
MSCI collects and uses personal data, please refer to our Privacy
Notice at https://www.msci.com/privacy-pledge.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201111005280/en/
Media Inquiries PR@msci.com Sam Wang, MSCI +1 212 804
5244 Melanie Blanco, MSCI +1 212 981 1049 Jaime Sarmiento, bvc
jsarmiento@bvc.com.co
Investor Inquiries investor.relations@msci.com Salli
Schwartz, MSCI +1 212 804 5306 Carlos Barrios, bvc
cbarrios@bvc.com.co
MSCI Global Client Service EMEA Client Service + 44 20
7618.2222 Americas Client Service +1 888 588 4567 (toll free) Asia
Pacific Client Service + 852 2844 9333
Inquiries for Market Affiliates from Colombian Securities
Exchange Daniel Rojas Dominguez daniel.rojas@bvc.com.co + (571)
313 9800 Ext 7048 Información y Medios Electrónicos
informacion-medios@bvc.com.co
MSCI (NYSE:MSCI)
Historical Stock Chart
From Apr 2024 to May 2024
MSCI (NYSE:MSCI)
Historical Stock Chart
From May 2023 to May 2024