The Markets April 15, 2008

MSCI Barra Puts Out Managed Volatility Indexes

MSCI Barra has launched the MSCI Global Minimum Volatility Indices, a new global benchmark offering for managed volatility investment strategies.
Reported by

According to a news release, the MSCI Global Minimum Volatility Indices are the first to combine MSCI Barra’s index and risk modeling expertise. Using the Barra Global Equity Model (GEM) as the risk estimate input, the indexes be calculated for most MSCI Developed and Emerging Markets countries, regions, and sectors.

The new offering is part of the MSCI Thematic & Strategy Indices family, which aims to reflect the performance of specific investment themes and strategies.

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“With the recent increase in equity volatility, a number of “managed volatility’ equity strategies have emerged,” said David Brierwood, Chief Operating Officer, MSCI Barra, in the news announcement.

Deals & People April 15, 2008

Saeli Named Head of Institutional Sales at MFC

MFC Global Investment Management (U.S.), LLC announced that Frank Saeli has been named head of U.S. institutional sales and relationship management.
Reported by

Saeli will be responsible for the development and execution of sales and client management strategies in the U.S. marketplace, and will provide local leadership for the consultant relations effort, according to a company announcement. He will be a member of MFC Global Investment Management’s management committee.

Saeli reports to J-F Courville, President and COO, MFC Global Investment Management, the company said.

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Saeli comes to MFC from State Street Global Advisors in Boston where he was Vice President and Principal, responsible for new business development in the corporate pension, insurance, endowment and foundation, and not-for-profit markets. Prior to that, he was a Managing Director and Principal with Boston Partners Asset Management, responsible for new business development and client/consultant relations in the Midwest and Canada.

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