The collective eyes of the world’s frontier and emerging market fund managers will be re-trained on Vietnam again this June when MSCI decides whether to put the country on its watchlist for inclusion in the all-powerful MSCI-EM Index.
Last year, MSCI decided to stick. Instead, it put Kuwait on its watchlist, while upgrading Argentina and including Saudi Arabia, both effective this month.
What has changed since MSCI’s last review
Well last September, the Vietnamese government made its intent clear after officially making MSCI-EM status a key performance indicator KPI. In order to improve its chances, it is in...