I have Bloomberg Data
PX_LAST for the MSCI world (MXWO Index). I also have Bloomberg Data
PX_LAST for all subindices for the MSCI world. My goal is to compute from the subindices the return of the index. I tried log and percentage returns and aggregating based on these formulas. I weighted them like that,
Unfortunately, the results do not match the returns of the index itself.
Where can I find information on how the MSCI world index is aggregated from its subindices?
Does anybody know how they are aggregated?
I found this link https://www.msci.com/index-methodology but wasn't lucky finding any info there either.