MSCI Financial News

In its financial results for the year published today (27 March), the trust reported a net asset value total return of 2.5% — up from -3.6% in 2022 — outperforming the MSCI AC Asia Pacific ex Japan index, which returned 1.6% over the period. abrdn Property Income board backs CREI merger over 'uncertain' wind-down The trust attributed the positive performance to its «structural» underweight exposure to China. However, AAIF's discount went from 11.7% at the beginning of the year to 12.8% as of the end of 2023. It widened further in the first quarter of 2024, as the trust is curren...

Mint, Beige Ltd. is offering to sell up to 11.63 million shares, representing 2.9% of Mankind Pharma's total stake. Additionally, Link Investment Trust is also participating in the block deal, selling up to 58,385 shares (0.015% stake).

Asian equities climbed on Tuesday but could not break this month's highs as mixed messages from U.S. Federal Reserve policymakers left doubts hanging over the timing of interest rate cuts. The risk of Japan intervening to prevent further falls in the yen put a little pressure on the dollar, however it rose against the yuan on speculation that China may tolerate a weaker currency.

By Stephen Culp

On Monday, Morgan Stanley equity strategists raised their rating on the energy sector to Overweight, citing “a combination of inflecting relative earnings revisions, strong breadth and compelling valuation.”

The tender offer will be activated if the trust's net asset value per share total return underperforms the MSCI Small Cap index total return over the three years to 31 January 2027, it said in its annual results published today (25 March).  Over the year to 31 January, the trust's NAV per share declined by 14.9% and its share price fell by 20.5%, compared to the 6.3% gain for the index. Over five years, NAV total returns are down by 6.8% and the share price declined by 26.3%, against a 24.1% gain for the index. In a research note, QuotedData head of investment companies James Carthew ...

By Jamie McGeever

By Stella Qiu

Xtrackers MSCI World ex USA UCITS ETF caters to investors seeking global equity exposure, but who would like to separately allocate to the US market. The fund comprises companies from 22 industrialised countries and reflects around 30% of the global market. It also reinvests the income from the companies it contains. DWS slashes fees on two Xtrackers India ETFs to 'simplify access' Countries such as Canada and Israel are not usually covered despite the corresponding portfolio components for these regions, but they are included in the ETF. Simon Klein, global head of Xtrackers sa...

Listed on Xetra, the Amundi Prime All Country World UCITS ETF (WEBG) offers diversified exposure to developed and emerging markets.  DWS launches Xtrackers MSCI World ETF excluding the US Invesco FTSE All-World UCITS ETF was previously the lowest cost all country option in Europe, with a total expense ratio of 0.15%. Amundi partnered with Solactive to create the Solactive GBS Global Markets Large & Mid Cap index, and the fund uses full physical replication to track it. Value of London-listed ETFs surpasses £1trn for the first time Benoit Sorel, head of Amundi ETF indexing & S...

Xtrackers MSCI World ex USA UCITS ETF caters to investors seeking global equity exposure, but who would like to separately allocate to the US market. The fund comprises companies from 22 industrialised countries and reflects around 30% of the global market. It also reinvests the income from the companies it contains. DWS slashes fees on two Xtrackers India ETFs to 'simplify access' Countries such as Canada and Israel are not usually covered despite the corresponding portfolio components for these regions, but they are included in the ETF. Simon Klein, global head of Xtrackers sa...

By Jamie McGeever

If offices are in such hot water, where are all the forced sellers? Office-building owners have been under pressure since the Covid-19 pandemic hollowed out their buildings in early 2020. According to data from real-estate consulting firm Colliers, the U.S. vacancy rate has risen from 11% in late 2019 to 17% today, higher than at any point in the 2008 global financial crisis.

geopolitical risk globally which is leading to higher defense budgets b) Indian government policy of “AtmaNirbhar” or depending on self for ones’ requirement and hence domestic manufacturers getting a higher market share in the Country’s capex spent c) The companies now have strong longer term Order books, a good return ratios and promising profit outlook. How has India fared against its global peers? The equity markets world over have been very strong and polarized with the best performing market being Nikkei (Japan) up 16% in just ~75 days in 2024 and MSCI China down 2% a huge differential of 18% for the investor. The Indian market despite being expensive on a relative market seems to be going from strength to strength, with MSCI India up 6%, in line with MSCI World. The mid and smaller cap indices have started showing clinks in their armor, especially small cap which is flat CYTD underperforming the broader indices. This could be largely due to the stupendous performance of 54% in the last year for small cap and 6-0% for midcaps and profit booking.

broader Indian market, which is now an underperformer in Asia Pacific after a multi-year rally. An index of small-cap stocks has lost more than $80 billion in market value in less than two weeks after authorities flagged risks of overheating and guided funds to limit purchases. The selloff deepened on Wednesday, with gauges of small- and mid-cap stocks plunging more than 4% each.

Euphoria of mid and small caps will consolidate going ahead, says market expert Notably, in the previous decade (2003-2013), the Nifty 500 index generated a return of about 14 per cent, slightly lagging behind the 15 per cent return of the MSCI Emerging Markets index during the period. Among large, mid and smallcaps, the Nifty Midcap 100 index noted the highest total returns of 20.3 per cent, followed by the Nifty Smallcap 100 (17.3 per cent) and the Nifty 50 index (14.6 per cent) during 2013-2023.

Also Read: Demand for Indian bonds skyrockets in recent months – 5 key reasons why The CSI 300 Index of mainland shares has gained about 13% since a five-year low reached Feb. 2. The Hang Seng Tech gauge advanced more than 4% on Tuesday, with Xiaomi Corp.

In this article

₹22,419 crore in Indian debt markets last month, extending the positive momentum picked up in 2023. The benchmark indexes Nifty 50 and BSE Sensex, which were little changed in January amid foreign outflows, gained more than one per cent last month on FPI buying and robust domestic inflows. FPI inflows are likely to increase further due to India's rising share in the MSCI Emerging Markets index, global brokerage firm CLSA said in a note.

Easterly Asset Management is eyeing growth through some changes to its sales and business development functions.

The Xtrackers India Government Bond UCITS ETF total expense ratio has fallen from 0.38% to 0.33%, while the Xtrackers MSCI India Swap UCITS ETF's is now 0.19% from 0.75%. DWS lowers fees for 31 ETFs and a gold ETC The former ETF physically acquires the components of the JP Morgan India Government Fully Accessible Route Bonds index, which offers exposure to fixed-interest Indian government bonds. Tracking the MSCI India index, the latter ETF comprises the largest companies in the Indian equity market based on market capitalisation. The fund models the index synthetically through a s...