The move comes after MSCI’s consultation with international institutional investors on Feb 28, on the accessibility and investability of the Russian equity market.
NYSE-listed MSCI Inc has reclassified the MSCI Russia Indexes to standalone markets status, from its previous emerging markets status.
The reclassification will be implemented across all MSCI Indexes, including standard, custom and derived indexes, at a price that is effectively zero and as of the close of March 9.
