REUTERS MSCI to boost Taiwan weighting in index [DKKXTBG]
NEW YORK, June 18 (Reuters) - Global stock index compiler
MSCI on Friday said it would raise the weighing of Taiwan
stocks in its widely followed MSCI Emerging Markets index, a
move that will likely boost Taiwan issues as money managers
adjust their portfolios in line with the index.
MSCI, or Morgan Stanley Capital International Inc.,
majority owned by Wall Street firm Morgan Stanley <MWD.N>, said
it would remove the Limited Investability Factor now applied to
the MSCI Taiwan Index, in two stages. The first phase will take
effect on Nov. 30, while the second phase will take effect on
May 31, 2005.
