MSCI Clarification on the Treatment of Employee Shareholdings.Business Editors GENEVA--(BUSINESS WIRE)--April 11, 2002 As stated in the MSCI Enhanced Methodology Book, shares of the employing company which are held in employee pension funds are considered as non-free float. Similarly shares owned by the company's principal officers are considered as non-free float. In practice, additional employee shareholdings, including those of both officers and non-officers, are held in a variety of ways, most often through plans sponsored by the employer for the purpose of retirement and savings plans and other deferred and incentive compensation programs. When public information is available about employee holdings in these plans or otherwise, MSCI considers them as non-free float. Therefore, to clarify MSCI policy with regard to employee shareholdings MSCI is creating the additional shareholder type of "Employee" under the "Non-Free Float" category. The Enhanced Methodology Book will be updated to reflect this clarification in due course. For further information on MSCI indices or MSCI data, please visit our web site at www.msci.com. NOTICE AND DISCLAIMER (networking) disclaimer - Statement ritually appended to many Usenet postings (sometimes automatically, by the posting software) reiterating the fact (which should be obvious, but is easily forgotten) that the article reflects its author's opinions and not necessarily those of the This information is the property of Morgan Stanley Capital International Morgan Stanley Capital International (MSCI) This firm publishes a number of well known benchmarks, such as the MSCI World Index. Inc. (MSCI). The information may not be used to verify or correct data, or any compilation of data or index or in the creation of any indices. Nor may it be used in the creating, offering, trading or promotion of any financial instruments or products. This information is provided on an "as is" basis, and the user of this information assumes the entire risk of any use made of this information. It is not a recommendation to participate in any particular trading strategy In finance, a trading strategy (see also trading system) is a predefined set of rules to apply. Usually, this refers to a means used to replicate an option in order to give it an arbitrage free value in the sense that the cost of buying some financial assets to give the same . Neither MSCI, its affiliates nor any other party involved in the making or compiling com·pile tr.v. com·piled, com·pil·ing, com·piles 1. To gather into a single book. 2. To put together or compose from materials gathered from several sources: of the information (the "MSCI Parties") guarantees the accuracy and/or the completeness of any of this information. None of the MSCI Parties makes any express or implied representations or warranties, and each MSCI Party hereby expressly disclaims all warranties of merchantability mer·chant·a·ble adj. Suitable for buying and selling; marketable. mer  chant·a·bil or fitness for a particular purpose with respect to any of this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any damages of any kind even if notified of the possibility of such damages. Morgan Stanley Capital International, MSCI and all other service marks referred to herein are the exclusive property of MSCI and its affiliates. All MSCI indices are the exclusive property of MSCI and may not be used in any way without the express written permission of MSCI. Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. Dean Witter Dean Witter may refer to:
Please [ improve this article] or discuss the issue on the talk page. firm is the majority shareholder of MSCI, and The Capital Group Companies, Inc., a global investment management group, is the minority shareholder. |
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