MSCI Inc. (NYSE: MSCI) said it is expanding its presence in Latin America with the opening of a new office in Santiago, Chile and the upcoming launch of a new index designed to capture the investment opportunities in the Latin America Pacific Alliance countries of Chile, Colombia, Mexico and Peru.
The firm also announced that it has been chosen by the Santiago Stock Exchange to produce a study on the feasibility of creating an ESG index for the Chilean Stock Market.
“The decision to open an office in Chile and to expand our presence in Latin America has been driven by the growing sophistication of the local investment community as they continue to embrace indexes as integral tools within the investment process,” said Henry Fernandez, chairman and CEO of MSCI.
MSCI is a provider of investment decision support tools to investors globally, including asset managers, banks, hedge funds and pension funds. MSCI products and services include indices, portfolio risk and performance analytics, and governance tools. Its website is at www.msci.com