Beta managers, this is your new benchmark

For advisers running a global asset allocation model, it seems there's never been a good benchmark. Well, beta managers, Morgan Stanley Capital International's Global Capital Markets Index may be the solution for you.

A street sign for Wall Street hangs in front of the New York Stock Exchange. Brown suggests the new MSCI index may be a good benchmark for managers of global portfolios.

Lucas Jackson/Reuters/File

October 23, 2013

[Editor's note: This post has been removed at the request of the writer.]