iShares Drafts Emerging Dividend ETF
iShares, the worldĂ˘â‚¬â„˘s largest ETF firm, is taking steps to launch another two dividend ETFs, one focused on emerging market securities and the other targeting the Asia/Pacific region, adding to a growing stable of ETFs that serve up dividend-paying stocks in the developing world. The iShares Emerging Market Dividend Index Fund , as well as its more tightly focused Asian counterpart, the iShares Asia/Pacific Dividend 30 Index Fund , will each track a respective Dow Jones Select Dividend benchmark. They would both invest in local firms that have consistently provided high dividend yields over time.
MSCI Rolls Out New Overseas China Indexes
MSCI, the worldĂ˘â‚¬â„˘s premier provider of international indexes, this week launched a new series of China-focused indexes that include China-based companies whose shares arenĂ˘â‚¬â„˘t listed in China and arenĂ˘â‚¬â„˘t yet in any MSCI China indexes, including firms such as ChinaĂ˘â‚¬â„˘s Google, Baidu. The MSCI Overseas China Indices are designed to capture the investable universe of Chinese securities outside Greater China, covering Chinese securities listed on the NYSE Euronext – New York, Nasdaq, New York AMEX and the Singapore Exchange, MSCI said in a press release