Get Articles Daily from StraightStocks - Enter Email Address


  • National Debt Clock


FTSE Completes Annual Country Classification Review

Source: http://www.indexuniverse.com/sections/newsinfocus/6557-ftse-completes-annual-country-classification-review.html?Itemid=3&utm_source=straightstocks.com&utm_medium=sidebar&utm_campaign=rss
Posted on Thursday, September 17th, 2009 | In Exchange Traded Funds
Contributed by: IndexUniverse Staff (http://indexuniverse.com) -

The FTSE Group announces its annual country reclassification changes.

 

The FTSE Group is making several changes to its family of indexes. Early on Thursday morning, the firm said it was promoting two key markets and demoting a third.

The countries most directly impacted will be:

  • The United Arab Emirates will be upgraded to secondary emerging market status.
  • Malta will be promoted to frontier market status.
  • Argentina will be demoted to frontier market status.

In addition, FTSE is putting several countries on its watch list for the next 12-months. That’s considered the first step in changing designations and movement into different indexes. Those include (including possible changes):

  • Czech Republic, from secondary to advanced emerging markets.
  • Malaysia, from secondary to advanced emerging markets.
  • Turkey,  from secondary to advanced emerging markets.

The other major announcement is that the following will remain on 12-month watch lists:

  • China “A” shares for possible inclusion as a secondary emerging market.
  • Colombia to possbily shift to frontier status from secondary emerging markets.
  • Greece for possible change to advance emerging markets status from developed.
  • Kazakhstan for potential inclusion as a frontier market.
  • Kuwait for possible inclusion as a secondary emerging market.
  • Taiwan for possible change to developed market status from advanced emerging markets status.
  • Ukraine for possible inclusion as a frontier market.

The next FTSE update is scheduled for March 2010.

 

Last 5 posts by IndexUniverse Staff





About IndexUniverse Staff (http://indexuniverse.com)
IndexUniverse encompasses the world of indexing and beyond. Our website and related subsites cover product and market developments related to index funds, exchange-traded funds (ETFs), index derivatives (futures / options / swaps), and the sophisticated investment strategies which use these financial tools. Our goal is to provide the industry's best news, columns, research, and features about the dynamic field of index-based investing and trading. Industry professionals, individual investors, business/finance students and academic researchers will find various features targeting their interests and needs. We also provide valuable tools and data to assess markets and investment products, and specialized discussion boards for our registered members to exchange cutting-edge ideas and market views. We aim to be educational, thought-provoking, and most importantly, rigorously independent in our perspective.

The development of IndexUniverse was a global effort, originally led by Steven Schoenfeld and Jim Wiandt, supported by John Spence and a diverse team in the U.S., Europe and Latin America, and enhanced by editorial contributors from around the world. The site is now managed solely by Jim Wiandt and the global Index Publications LLC team. The site was originally started by Steven as a data and information complement to his book, Active Index Investing, published by Wiley Finance in July 2004. As he recognized the need and potential for such a resource, in August 2003, Steven partnered with Jim, who as editor of The Journal of Indexes similarly recognized the industry's need for timely, useful and independent information on products and markets.

Leave a Reply

Name

Email (kept private)

Website









No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.