MSCI Adds 42 Securities Including Microstrategy, Pure Storage, and Emcor Group to Its Global Investable Market Index

According to PANews, Eric Balchunas, a Bloomberg ETF analyst, announced on Twitter that MSCI has decided to add 42 securities, including Microstrategy, Pure Storage, and Emcor Group, to the MSCI All Country World Index (MSCI ACWI). This change is seen as a significant event as the index, compiled by Morgan Stanley Capital International (MSCI Inc.), has over $4 trillion in benchmark assets worldwide and is favored by institutional investors. The MSCI ACWI Index includes stock markets from 23 developed and 27 emerging markets, covering over 3,000 stocks in total.