MSCI-Red Herring Index Launched

March 27, 2002 ( - Red Herring Communications, a media firm specializing in technology and Morgan Stanley Capital International Inc. (MSCI), a provider of global indices and benchmark-related products and services, have launched the MSCI-Red Herring Index.

The MSCI-Red Herring Index will serve as a benchmark for investors in technology and communication stocks worldwide, including in developing countries, the companies said.

The performance of the MSCI-Red Herring index will be updated daily on  Red Herring Communications’ online platform and Red Herring magazine’s Investor Section will publish a compendium of the index and industry performance on a monthly basis.

The new index includes the following industries:

  • Wireless Telecommunication Services
  • Diversified Telecommunication Services
  • Semiconductor Equipment & Products
  • Electronic Equipment & Instruments
  • Computer & Peripherals
  • Communication Equipment
  • Software
  • IT Consulting & Services
  • Internet Software & Services
  • Biotechnology
  • Media.

The index may also be licensed from MSCI.