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StarRock products enter MSCI Indices

Date:2009-3-24 Source:COMTEX News Network

BEIJING, Mar 24, 2009 (Xinhua via COMTEX News Network)
Seven fund products of Shenzhen StarRock Investment Consulting Co., Ltd., a Chinese private equity (PE) fund manager based in south China's Shenzhen city, have been included into the Hedge Fund Indices of Morgan Stanley Capital International (MSCI).

They are the first Chinese PE fund products that have been picked for the MSCI Hedge Fund Indices, said the compiler of the indices.

Shenzhen StarRock Investment Consulting, founded in 2007, has launched 12 securities investment trust schemes in cooperation with two trust companies by now. The company managed to realize positive return for all the PE products under its advisory despite the global financial crisis.

MSCI Hedge Fund Indices, jointly published by MSCI Barra and Morningstar as start September 2008, cover 300 hedge funds around the world, regarding as the most recognizable and generally used indices in the hedge fund benchmark sector. (end)

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