India-Singapore futures fight a 'concern' for MSCI's CEO

INSUBCONTINENT EXCLUSIVE:
offshore futures contract. New York-based MSCI is monitoring the situation and consulting its clients about how they view the matter, CEO
Henry Fernandez said in an interview on Bloomberg Television
Stock Exchange of India Ltd
inclusion of Chinese-listed shares in the MSCI Emerging Markets Index, which will see 234 stocks added to the global benchmark
The firm has said the initial inclusion is expected to channel around $17 billion in passive funds into China, a figure that could rise to
said. While the initial weighting of China-listed companies will be just 0.7 per cent of the index, that will increase faster than expected
because investors are willing and the stock connect that provides access to mainland China from Hong Kong is working well, Fernandez said