Morgan Stanley Launches Sports Portfolio
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prominent sports leaguesCNBC
•Morgan Stanley is launching an investing index tied to sports leagues
77% Informative
Morgan Stanley is introducing a new portfolio for investors tied to the most prominent sports leagues.
The investment bank's wealth management division on Thursday announced the launch of what it is calling Parametric Custom Core Sports League strategy.
The portfolio's holdings are selected from large-cap U.S. equities and will consist of between 250 and 400 securities.
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