Trader Peter Tuchman on the floor of the New York Stock Exchange on Monday, July 8, 2019. Photo: AP
Florida’s senator Rubio engages in verbal duel with MSCI over the access by China’s A shares to American institutional funds
- Florida’s Senator Marco Rubio asked MSCI to explain why it added hundreds of Chinese stocks to its benchmark emerging markets index last year and increased their weighting this year
- The moves paved the way for billions of dollars in investments and retirement-savings to flow to Chinese companies, Rubio said
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MSCI
Trader Peter Tuchman on the floor of the New York Stock Exchange on Monday, July 8, 2019. Photo: AP