Index roundup: new GICS real-estate sector created
S&P and MSCI announce new GICS real-estate sector and new sub-industry for copper; Brent crude overtakes WTI in 2015 S&P GSCI re-weighting; Morocco reclassified as frontier country; Barclays and MSCI launch a Green Bond index family; S&P Dow Jones launches S&P 500 VEQTOR Switch Index
S&P Dow Jones Indices and MSCI have announced as a result of their annual review of the Global Industry Classification Standard (GICS) structure that a new real-estate sector is being created, elevating its position from under the financials sector and bringing the number of GICS sectors to 11. A new sub-industry category for copper is also being created. The changes are being considered for implementation after the market close on August 31, 2016.
S&P Dow Jones Indices has also announced the
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