IFC initiated the sale to meet its clients' demand for benchmarks to match investors' increasingly global portfolios, a need that would be more effectively served by inclusion of the EMDB indices in a global index product.
The EMDB consists of a superior set of data on emerging markets, and we look forward to including it in our index family.
In 1981, IFC pioneered the collection of data on emerging stock markets which became the basis of its EMDB indices.
IFC will continue to be associated with the EMDB through mechanisms such as IFC's participation in a global index advisory panel to be created by Standard & Poor's.
EMDB information is available in publications, including the annual Emerging Stock Markets Factbook, and electronically on the worldwide web at www.