MSCI cuts Taiwan’s weighting

STEEPEST DECLINE: South Korea was also affected by the inclusion of Chinese A-shares, as its weighting in the MSCI Emerging Markets Index was cut by 0.35 percentage points

Taipei Times
Date: May 16, 2018
By: Staff writer with CNA

Global index provider MSCI Inc cut Taiwan’s weighting in its Emerging Markets Index and All-Country Asia ex-Japan Index, but slightly increased the nation’s weighting in the All-Country World Index after a semi-annual review.

MSCI lowered Taiwan’s weighting in the Emerging Markets Index by 0.21 percentage points to 11.13 percent and lowered its weighting in the All-Country Asia ex-Japan Index by 0.25 percentage points to 12.84 percent.

However, it raised the nation’s weighting in the All-Country World Index by 0.02 percentage points to 1.37 percent, MSCI data showed.

Lin Liang-yi (林良一), manager of the Yuanta P-shares MSCI Taiwan ETF Fund, said the downward adjustments resulted from the inclusion of Chinese yuan-denominated A shares in the MSCI global indices.    [FULL  STORY]

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