Saudi stocks join emerging-market index, but get little love from fund managers
Saudi Arabia’s inclusion in the
MSCI developing-economies equity benchmark has failed to pull in
active emerging-market funds because of high valuations and
reputation risks, an analysis by Copley Fund Research showed.
MSCI developing-economies equity benchmark has failed to pull in
active emerging-market funds because of high valuations and
reputation risks, an analysis by Copley Fund Research showed.
Posted by Reuters