MSCI Jazzed On Argentina & Pakistan, Not Nigeria Or China
By: Dimitra DeFotis
The continued delay in including China A-shares in the MSCI emerging market index got all the attention late Tuesday.
But other countries are running with the ball as MSCI regiggers its developing-world stock indexes: it is bullish on Peru, Argentina and Pakistan, neutral on Korea and negative on Nigeria.
As expected, MSCI announced the start of a 12-month consultation period on the promotion of Argentina from MSCI Frontier Market index (FM) to EM status, the results of which will be published in June 2017; we are long-term bullish on Argentine equities;
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