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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