MSCI holds emerging-market rating on South Korea, despite push for upgrades

MSCI Regardless of the country, South Korea is sticking with its longstanding valuation as an emerging market. fresh attempt to upgrade for one developed.

The index provider’s reluctance to reclassify South Korea, with no changes proposed in its latest annual review, could deprive local markets of tens of billions of dollars of influx from global investors and frustrate politicians and regulators in Seoul. likely to do.