Morgan Stanley Capital International, known as MSCI, has developed one of the world’s most comprehensive indexing systems, tracking both developed and emerging securities markets in various geographic regions. The MSCI-EAFE is probably the best known, and the one against which US activity, as tracked by the S&P 500 and the MSCI Large Cap index, is most frequently compared. EAFE covers stock markets in Europe (E), Australasia (A), and the Far East (FE). As with other major indexes, there are both index funds and ETFs linked to the EAFE. The comprehensive S&P Global Equity Index Series tracks global stock market performance with the
S&P Global 1200 and its subsets, an ADR Index, and a range of thematic indexes. There are S&P indexes for Europe, Asia, and the Americas as well as a range of Shariah indexes. Standard & Poor’s also provides emerging market indexes, some developed with the International Finance Corporation, a division of the World Bank. These indexes provide bench- marks that investors can use to evaluate the performance of newer markets that are eager to attract international capital. Dow Jones Indexes track both country and world markets, including the Dow Jones China 88, Russian Titans 10, and the Euro STOXX   Read more…