Dubai, Nov 15 (IEBusiness) 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.