After the close of U.S. markets Tuesday, index provider MSCI Inc (NYSE: MSCI) released its annual market classification. Most investors awaiting the MSCI news were focusing on the index provider's decision on whether or not to include China A-shares in its emerging markets benchmarks, but there were other interesting moves.
Pakistan
Some of those moves could spur the iShares MSCI Frontier 100 ETF (NYSE: FM) higher in the near-term. As was widely expected, MSCI decided to elevate Pakistan to emerging markets status. Pakistan becomes the first frontier market since Qatar and United Arab Emirates several years ago to earn the prestigious frontier-to-emerging promotion.
“MSCI also said that the MSCI ...
/www.benzinga.com/trading-ideas/long-ideas/16/06/8112053/some-positive-indexing-news-for-a-frontier-markets-etf alt=Some Positive Indexing News For A Frontier Markets ETF>Full story available on Benzinga.com
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