UBS sees US$121b of EM flows amid ‘seismic’ index shifts – Business News

HONG KONG: Investors should prepare for unprecedented opportunities in emerging markets over the next year as new entrants including Saudi Arabia and China’s domestic shares are added to global indexes in what UBS Group AG calls “relatively seismic shifts.”

The world’s largest index providers such as London Stock Exchange Group Plc unit FTSE Russell, MSCI Inc., and S&P Dow Jones Indices are due to review a series of indexes to take on the so-called SACKs — Saudi Arabia, Argentina, China onshore shares (also called A-shares), and Kuwait, David Rabinowitz, UBS head of Asia-Pacific market structure, wrote in a report.

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