FTSE may reclassify Asian markets

The index provider is consulting the market on how to treat China, Taiwan and South Korea.

Global index vendor FTSE has launched a consultation process with officials from institutional investors, fund management companies, stock markets and regulators to determine how to classify countries' economic status in indices, in a move that is likely to impact north Asian markets.

One driver behind the review is China's relatively new qualified foreign institutional investor scheme, which allows foreign portfolio money into the A-share market for the first time.

Paul Hoff, managing director at FTSE in...

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