MSCI to Price Investable Index Daily

GENEVA, Switzerland (HedgeWorld.com)–Morgan Stanley Capital International will begin publishing an indicative daily price for its investable hedge fund index, the MSCI Hedge Invest Index, which now has more than US$1.2 billion of investments linked to it, according to MSCI.

The first day of estimated indicative pricing was scheduled to begin, Monday, March 8, meaning investors in the index will be able to track performance during the week. But trading in the index will continue to be allowed only on a weekly basis with official published net asset values, according to a statement from MSCI.