World index provider MSCI will roll out a rejig of its highly followed ACWI and Emerging Markets indexes later this month, a shift likely to have a ripple effect in ETFs linked to the indexes. The revisions, effective Aug 26, will add 42 securities and remove 56 from its international equity universe, according to a Reuters report.
ACWI ETF is in focus as MSCI rejigs its portfolio. Track its prices live.
