MSCI Proposes Downgrade of Indonesia From Emerging-Market Status
MSCI said Indonesia no longer qualifies for emerging-market status and proposed removing the market from a suite of products tracked by global investors.
MSCI said Indonesia’s stock market no longer merits “emerging market” status and proposed removing it from a range of products tracked by global investors. The proposal is a major setback that is likely to prompt investors to withdraw funds. Here is what market participants are saying ANGUS MACKINTOSH…