MSCI proposes Pakistan’s reclassification to Frontier Markets
KARACHI: In a recent development, Morgan Stanley Capital International (MSCI) has proposed to reclassify Pakistan into MSCI Frontier Markets from MSCI Emerging Markets, a statement said on Friday. “MSCI has been artificially maintaining Pakistan’s stature in [the] Emerging Markets since the country has been no longer meeting EM standards for size and liquidity criteria for … Read more