nuam has entered into a strategic collaboration agreement with MSCI, a leading provider of critical decision support tools and services for the global investment community, to launch a regional, investable index comprised of the Chilean, Columbian and Peruvian markets.
This collaboration marks a new milestone for nuam, the regional holding company resulting from the integration of the Lima, Santiago and Colombia Stock Exchanges, in its mission to promote transparency, liquidity, competitiveness and greater visibility of the Latin American capital market on the world stage
The new index will be able to serve as the basis for financial products, such as ETFs, and will offer investors an innovative and high-quality tool to help navigate a dynamic market.
With over 50 years of expertise in research, data, and technology, MSCI brings to this collaboration a track record of enabling investors to understand and analyze key drivers of risk and return. "The collaboration with MSCI marks a new milestone for the operation of the integrated single market. It also contributes to nuam's objective of attracting liquidity to our markets and for the Holding to be recognized on the global stock market stage, fulfilling our purpose of attracting prosperity opportunities for all," said Juan Pablo Córdoba, CEO of nuam.
“As the leading provider of equity indexes for the emerging markets, we are pleased nuam has selected MSCI to create a regional index that will help drive transparency in Colombian, Chilean and Peruvian markets. MSCI’s indexes help global investors understand the relevant equity opportunity set. This strategic collaboration resonates with MSCI’s mission to represent and measure global equity markets as they evolve,” said George Harrington, Global Head of Fixed Income & Derivatives at MSCI.
This strategic collaboration represents a significant development to foster greater openness and interconnectivity of financial markets in Latin America.
nuam (Stock Exchanges: nuam) is the first multi-country integration of stock exchanges, grouping the Chilean, Colombian and Peruvian markets, aiming to standardize the conditions and rules of operations of the three countries, adhering to the highest international standards and, therefore, attracting foreign investment flows with greater strength and confidence to improve the lives of the citizens of Chile, Colombia and Peru. With this integration, it is expected to position the company as a key player in the global market infrastructure industry. For more information: About the nuam