Design Matters
In October, FTSE Russell announced a couple of possible changes to their country classifications that will affect investors tracking some major global indexes. This announcement showcases not only the differences between index methodologies but also the influence that index providers can have on equities listed within specific countries.
Pending a review period in March of next year, FTSE will promote Vietnam from Frontier to Emerging status (Secondary Emerging to be precise), and Greece will be promoted to Developed market status from Advanced Emerging. This announcement provides a good opportunity to highlight a couple of interesting details about index investing.
This is a follow-up to the previous MIS blog post: What’s Under the Hood of Your Index? – westwoodgroup.com
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