FTSE responds to concerns over categorising of 'Asian' stocks

Index provider FTSE is reviewing responses to its consultation on the nationality allocations of stocks with an Asian listing but no business connections to the region. The firm has sought the opinions of clients in Asia – institutional investors, banks and consultants – who use its All-World Index series and Global Equity Index series. Nationality rules for its global series, for example, by default assign a stock that is listed and trades in only one country to that country, r…