Msci global emerging markets index countries
The ride-hailing service co-founder will remain on the board.
Market classification - MSCI
MSCI plans to add mainland Chinese shares to its benchmark EM index, but the stamp of approval may not help investors, say some analysts. You can bet that the Argentines are huffing at the prospect of remaining in an investing index with Nigeria, but that's what happened Tuesday.
MSCI announced its rejiggers of stock indexes after the close, and said Argentina will remain in its frontier market category, though the Latin American country with a new and market-friendly president was considered for a lift to emerging status.
Nigeria also remains a frontier country, though investors there may be breathing a sign of relief as the country is at risk of being removed. From a long-term perspective, this is a milestone in the integration of the Chinese market with the rest of the global equity market," said Yu Zhang, the lead manager of the Matthews China Dividend Fund MCDFX , in an interview with Barron's.
Markets open in 3 hrs 30 mins. Breaking News Uber CEO Travis Kalanick has resigned The ride-hailing service co-founder will remain on the board.
MSCI World - Wikipedia
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