Morgan Stanley Capital International Europe, Australia, Far East Index

Morgan Stanley Capital International Europe, Australia, Far East Index

See: EAFE Index

Morgan Stanley Capital International Europe, Australia, Far East Index

An index published by Morgan Stanley Capital International that tracks stocks in Europe, Australia, and East Asia. It is considered one of the most important indices for stocks outside the United States; indeed, its strong performance in the 1980s and early 1990s has been credited with spurring American interest in foreign investment. It is weighted for market capitalization.