The company said in a news release that all countries that were considered for potential reclassification will remain under review for the 2011 Annual Market Classification Review.
Every June MSCI communicates its conclusions following discussions with the investment community on the list of countries under review and announces the new list of countries, if any, under review for potential market reclassification in the upcoming cycle.
For the current cycle, MSCI will maintain on the review list the MSCI Korea and MSCI Taiwan Indices for a potential reclassification to Developed Markets as well as the MSCI Qatar and MSCI UAE Indices for a potential reclassification to Emerging Markets.
The company said no other candidate will be added to the list of country indexes under review for potential market reclassification. MSCI will communicate its decisions resulting from this Annual Market Classification Review in June 2011.
The complete results of the 2010 Global Market Accessibility Review, including the detailed assessment of the different market accessibility measures by country, as well as additional information on the MSCI Market Classification Framework and a summary of recent market reclassifications can be found here.
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