According to FTSE Russell’s announcement on Thursday (Reuters), India, Switzerland, and South Korea will continue to be on the watch list for potential country reclassification and inclusion in major government bond indexes.
According to FTSE Russell, India and Switzerland are under consideration for inclusion in the FTSE Emerging Markets Government Bond Index (EMGBI) and the World Government Bond Index (WGBI) beginning in 2021. In September 2022, South Korea was added to the WGBI watch list. Said .
Regarding stocks, FTSE Russell stated that Vietnam would consider reclassifying from its status as a frontier market to a secondary emerging market.
(Rodrigo Campos’s report; Chris Reese’s editing) was first published: 31 March 2023, 2:55 a.m.