What does Secondary Emerging actually mean?

Our recent announcements regarding the conclusion of the first phase of China A Shares, and of the final tranche of Saudi Arabian stocks into our FTSE Global Equity Index Series (GEIS) matters because asset owners and managers allocate according to the classification, and investment flows into promoted countries are also impacted.

In a recent blog we explained how we differentiated between developed and emerging markets in our country classification processes. But we also differentiate, within our Equity Country Classification framework, between Secondary Emerging and Advanced Emerging status. Why we do divide the emerging market classification in this way?

Read the full blog post now at the link below