MSCI has collaborated with securities transaction platform provider GBST to incorporate its after-tax calculations services into the MSCI global index series.
GBST will provide after-tax performance measurement and after-tax analytics to superannuation funds in Australia using the MSCI global index series, in line with MySuper legislation, a statement by GBST said.
MSCI managing director and head of Asia Pacific Chris Ryan said: “This initiative between GBST and MSCI will enable superannuation funds to provide members and stakeholders with a clear picture of the performance of their funds.”
The collaboration ensures that super funds, which already use GBST Quant for after-tax calculations on Australian equities investment management, now have the same benchmarking for global equities portfolios.
GBST head of business solutions and wealth management Kathy Taylor-Hofmann said: “Our agreement with MSCI extends the after-tax analytics capabilities of the GBST Quant solution to the benefit of the many MSCI-benchmarked investors in Australia.”
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