MSCI PIMFA Private Investor Index Series
Five composite indices
MSCI is the sole authorized index provider behind the Personal Investment Management and Financial Advice Association (PIMFA) Private Investor Index Series. The series consists of five composite indices designed to represent the weightings and show returns of selected multi-asset-class strategies, determined by the PIMFA Private Investor Indices Committee.
Download the factsheets:
The indices include weightings of equities, bonds, real estate "cash" and “alternative” investments in proportions that reflect the longer-term objectives for each strategy. The weightings are determined by the PIMFA Private Indices Committee, which is responsible for regularly surveying PIMFA members and reflecting in each index the industry’s collective view for each strategy objective. The index weightings are updated when the Committee determines that strategy changes across the industry warrant a review.
The result is a suite of indices that can be used as benchmarks to compare the performance of portfolios that have investment objectives similar to the strategy represented in the respective index.
Index series features
Augmented selection of bond asset classes to include Corporate and Inflation-Linked Bonds, making the composites more reflective of the asset allocations typically utilized in private client portfolios.
All sub indexes underlying the MSCI PIMFA Composite indices are replicable, providing daily market pricing, and better risk/return visibility.
Data Module contains 10 years of rolling history for three indices and from inception (2011) for two indices so they can be utilized immediately for past, as well as for future, analysis and reporting.
Member firms of the PIMFA are eligible for a discount of up to 50% for this data.
MSCI PIMFA Private Investor Indices Data Module contents
Users can access the returns of the indices by purchasing the MSCI PIMFA Private Investor Indices data module. The module includes the following:
- Daily index-level returns for each of the five MSCI PIMFA Private Investor Indices, including up-to 10-years of rolling history for three indices and from inception (2011) for two indices
- The option to view index performance in both Total Return (Net) and Price Variants
- Index-level return data for the nine component sub-indices that are used to represent the asset classes receiving the PIMFA Private Investor Indices Committee’s asset allocations for each MSCI PIMFA Index
- Permission to show the performance of the five MSCI PIMFA Indices in both public (e.g., product factsheets, research articles) and private (e.g. client portfolio statements) documents
- Access to the data via direct download from MSCI a selection of financial-data vendors
Performance, fact sheets, and methodology
Performance factsheets
- MSCI PIMFA Private Investor Conservative Index
- MSCI PIMFA Private Investor Balanced Index
- MSCI PIMFA Private Investor Global Growth Index
- MSCI PIMFA Private Investor Growth Index
- MSCI PIMFA Private Investor Income Index
Sub-Indices
Equities
- UK Equities: MSCI UK IMI (Investible Market Index)
- Developed-Market Equities: MSCI World Index (in GBP)
- International Equities: MSCI All Country World Index (ACWI) ex UK (in GBP)
- Emerging-Market Equities: MSCI Emerging Market Index (in GBP)
Fixed Income
- Goverment Bonds: Markit iBoxx £ Gilts Index
- Corporate Bonds: Markit iBoxx £ Corporates Index
- Inflation-Linked Bonds: Markit iBoxx UK Gilt Inflation Linked Index
Other
- Real Estate: MSCI UK IMI Liquid Real Estate Index
- Alternatives: Custom Index of 100% Long MSCI World Diversified Multiple Factor Index +70% Short MSCI World Index
- Cash: Cash equivalent effective 1 November 2019: Bank of England Bank Rate – 0.75% with a floor of 0%
Asset Allocations
The current asset allocations for each of the indexes can be viewed at: Current Asset Allocation – PIMFA – Building Personal Financial Futures
Want to learn more about this MSCI PIMFA Index Series?Get in touch.
Index Licensing for Derivatives
Indexes can be customized across many dimensions for efficient structured products use.
MSCI Multi-Asset Indexes: Dynamic Planner Module
A new data module within our growing range of multi-asset class (MAC) indexes.
