MSCI later today will announce an increase in the weighting of mainland China in its MSCI Emerging Markets Index, a benchmark used by many global funds and ETFs.
Brendan Ahern, chief investment officer of Kraneshares, raises the question: "Do you want the government in your plan based on the whims of who is in charge?"Visual China Group | Getty Images U.S. Sen. Marco Rubio of Florida doesn't want the pension assets of federal employees supporting companies that may work against U.S. interests.
Seems smart actually. More fraud = bigger market cap.
It’s not just MSCI_Inc that has added substantial China A Shares exposure this year. FTSERussell & SPDJIndices have also included substantially more AShares in 2019
We have a free market solution for this.
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U.S. company to be charged with fraud for selling surveillance equipment made in ChinaA company in Long Island, New York is facing charges for selling surveillance equipment to customers and the government that were marketed as being made in the U.S. but were actually manufactured in China. NBC News' Pete Williams has details. PeteWilliamsNBC That’s like fighting over a spilt glass of water.
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