Following the consultation MSCI launched at the end of 2019, MSCI have announced they will implement the time-weighted return methodology, with adjustment for daily weighted external cash flows, for a number of MSCI Property Fund Indexes.
This enhancement will enable like-for-like comparison across property fund index returns globally and improve the comparability between and aggregation of closed- and open-end fund returns.
MSCI will be rolling out the new formula, in parallel to the existing one, for the Q3 2020 and Q4 2020 results. In the UK this will be followed by an additional consultation in March 2021 to make a final decision based on the parallel run.
Further information:
Click here to read the detail of the MSCI decision to enhance the MSCI Property Fund Index methodology
Click here for further explanations on the consultation results
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