.jpg)
FTSE Group (“FTSE”), the award winning global index provider, is implementing the changes announced in its September 2009 Country Classification Annual Review, after the markets close on Friday, 17 September.
FTSE’s Country Classification Annual Review is the process by which stock markets are classified as having Developed, Emerging or Frontier status within the FTSE Global Equity Index Series.
The following country classification changes will be made:
- UAE will be included in the FTSE Global Equity Index Series as a Secondary Emerging Market;
- Malta will be classified as a Frontier Market; and
- Argentina will be reclassified as a Frontier Market, having previously been classified as a Secondary Emerging Market.
Working with an expert committee of independent market practitioners, FTSE has developed the most sophisticated approach to classifying countries that provides both a transparent and consistent assessment of a market in respect of the quality of its investment infrastructure for international investors.
For full information about FTSE’s Country Classification process, including details of all criteria for Developed, Emerging and Frontier status and an assessment of each of the markets classified in FTSE equity indices, please visit www.ftse.com/country
