MSCI CEO says ETF choice of index easier to change

Oct 2 (Reuters) - Exchange-traded funds may be able to change their underlying benchmark indexes more easily than previously thought, Henry Fernandez, chief executive of leading index provider MSCI Inc , said on Tuesday.

ETF managers' choice of indexes "may not be as sticky as we all thought," Fernandez said on a conference call with analysts.

The comment came after top index fund manager vanguard group said it was dumping MSCI from 22 of its funds.

(Reporting by Aaron Pressman; Editing by Gerald E. McCormick)

((aaron.pressman@thomsonreuters.com)(+1-617-942-1752)(Reuters

Messaging: Aaron.Pressman.Reuters.com@Reuters.net))

Keywords: MSCI INDEXES/VANGUARD