MSCI excludes Brics in new emerging markets index

EM Beyond Bric Index tracks 17 countries, but no Brazil, Russia, India or China; S&P Dow Jones Indices launches commodities indexes; Nasdaq OMX to add more than 200 indexes after re-evaluation; Arca Gold Miners index to include non-US-listed companies

MSCI has launched the EM Beyond Bric Index, which is a subset of the MSCI Emerging Markets Index. The EM Beyond Bric consists of constituents from 17 countries, ranging from Hungary, with the smallest weighting of 0.5%, to South Africa, with the largest weighting of 15.78%. Others include Colombia, Peru, Korea and Thailand. The index excludes Brazil, Russia, India and China, which make up more than 40% of the MSCI Emerging Markets Index.  

S&P Dow Jones Indices has launched two commodities