INSUBCONTINENT EXCLUSIVE:
markets whose weights could be capped on MSCI indexes, the New York-based company said in a presentation on its website Wednesday.
All four
will now consult its clients and announce the results by Dec
31.
The presentation is part of a broader review on how funds access global equity markets and shows the influence of firms like MSCI in
lobbying for institutional investors
Since MSCI indexes are tracked by money managers with trillions of dollars in assets, any cap could limit inflows into a market and force a
The National Stock Exchange of India Ltd
and two peers in February cut licensing ties with overseas bourses and tensions escalated this month when it sued its Singapore counterpart
contracts as the dispute heads to arbitration
equities.
South Korea has a 15.6 percent weight in the MSCI Emerging Markets Index
India is at 8.48 percent and Brazil 7.2 percent.
