MSCI Launches New Convertibles Indices

The new indices, the US 225 Convertible Index and the European 75 Convertible Index, are designed to measure the performance of the convertible market as well as highlight new trends in the market.

The indices are calculated daily, both on a market and equal-weighted basis along with their underlying stock returns. The represent a cross section of convertible securities by region, sector, industry and currency.

Sub-indices stratified by sector and industry, along with security type and credit quality, are available for more focused investors.

A range of portfolio analysis tools will also be available to help investors measure their portfolios performance against the indices.