When MSCI started calculating indices in 1970, the global equity universe consisted of just 16 developed markets.
In the 1980s, the launch of the MSCI Emerging Markets Index expanded the list to 35 countries. Frontier markets and smaller companies subsequently were added, increasing the breadth and depth of the global opportunity set.
Over the past decade, investors have increasingly been moving away from home-biased equity allocations and viewing global equities as a single broad asset class.
TEAM plc (LON:TEAM) is building a new wealth, asset management and complementary financial services group. With a focus on the UK, Crown Dependencies and International Finance Centres, the strategy is to build local businesses of scale around TEAM’s core skill of providing investment management services.