Dubai:- MSCI, a global provider of research-based indexes and analytics, has delivered an Executive Briefing at Nasdaq Dubai MarketSite on the implications of market classification for investors.
Raman Aylur Subramanian, Managing Director & Head of Equity Applied Research at MSCI,
addressed an audience including fund managers and brokers on Market classification and the competition for capital. The interactive session covered the MSCI classification framework of Developed, Emerging and Frontier, including criteria for migration between them and market accessibility.
Hamed Ali, Chief Executive of Nasdaq Dubai, said: “We were delighted to host a fascinating discussion led by MSCI for the latest in our series of Nasdaq Dubai Executive Briefings. Market classification is a crucial element in many mandated and non-mandated investment decisions in regional markets.”
MSCI announced in June 2018 that it will upgrade Saudi Arabia to Emerging Market status. It upgraded the UAE to Emerging Market status effective from May 2014, leading to an influx of investment from equity market participants.
Robert Ansari, Head of MSCI for the Middle East, said: “The interaction among the audience gathered at Nasdaq Dubai’s MarketSite was stimulating and insightful. The Executive Briefing format is a valuable addition to the continuing financial markets conversation in the Middle East.”
Attendees at the briefing included executives of a number of Nasdaq Dubai Members such as Al Safwa Mubasher, Daman Securities, First Abu Dhabi Bank, Index Securities, Mashreq Securities and Menacorp.
Future Executive Briefings will feature speakers from a wide range of companies and sectoral backgrounds who will provide stimulating analysis on a variety of topics.
With a dynamic event space and broadcasting facilities among its core features, MarketSite is equipped to deliver global publicity for company celebrations and announcements as well as seminars and training courses.
Nasdaq Dubai is the international financial exchange serving the region between Western Europe and East Asia. It welcomes regional as well as global issuers that seek regional and international investment. The exchange currently lists shares, derivatives, Sukuk (Islamic bonds), conventional bonds and Real Estate Investment Trusts (REITS).
The majority shareholder of Nasdaq Dubai is Dubai Financial Market with a two-thirds stake. Borse Dubai owns one third of the shares. The regulator of Nasdaq Dubai is the Dubai Financial Services Authority (DFSA). Nasdaq Dubai is located in the Dubai International Financial Centre (DIFC).
-Ends-
© Press Release 2018Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
