Flotsam and jetsam
MSCI announces some long-awaited index changes
OLD-FASHIONED investors may be inclined to grumble as they assess the impact of the decision by Morgan Stanley Capital International (MSCI, a leading provider of equity indices) to overhaul the way it treats the companies it tracks. The share prices of some will rise, and others will fall, not because of any change in the companies' profitability, but thanks simply to a new weighting methodology.
This article appeared in the Finance & economics section of the print edition under the headline “Flotsam and jetsam”
From the May 26th 2001 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Finance & economics
China meets its official growth target. Not everyone is convinced
For one thing, 2024 saw the second-weakest rise in nominal GDP since the 1970s
Ethiopia gets a stockmarket. Now it just needs some firms to list
The country is no longer the most populous without a bourse
Are big cities overrated?
New economic research suggests so
Why catastrophe bonds are failing to cover disaster damage
The innovative form of insurance is reaching its limits
“The Traitors”, a reality TV show, offers a useful economics lesson
It is a finite, sequential, incomplete information game
Will Donald Trump unleash Wall Street?
Bankers have plenty of reason to be hopeful