The aggregate free-float market capitalisation of the MSCI Emerging Markets (EM) Index and the MSCI Pacific ex Japan Index stood at US$7.3 trillion ($10 trillion) and represented a 15.4% weight of the MSCI ACWI Index, as of June 30, compared with US$1.8 trillion and an 8.5% weight at the end of 2004. The rise of market size in both absolute and relative terms reflects, in part, increased business productivity and dynamism in the EM and Asia, as well as expectations of the regions’ potential for future economic and financial-market growth.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe