FTSE Russell will decide in the coming weeks whether to include China-listed equities in its indices, the index provider’s chief executive said on Friday - possibly with a heavier weighting than that used by rival MSCI.
Mark Makepeace said in a Bloomberg Television interview that the decision on whether to include so-called A-shares in FTSE Russell indices would come “late next week or the week after”. He said a decision on weighting would then follow.
Asked whether the weighting for the shares listed in Shanghai and Shenzhen would surpass the 0.8 per cent level used by MSCI in its Emerging Markets index, Mr Makepeace responded, “I think we’re likely to go more than 0.8 per cent, but we’ll make the decision and we’ll announce it coming very soon”.