News & Announcements Results

Country Classification Methodology

S&P iBoxx Country Classification

S&P Dow Jones Indices’ 2022 Country Classification Consultation

Open for comment until August 26, 2022.

S&P Dow Jones Indices Country Classification 2023 Watchlist

S&P Dow Jones Indices Country Classification 2023 Watchlist

S&P Dow Jones Indices’ Annual Country Classification Consultation

This consultation is now closed. For results, please click link inside document.

S&P Global Developed Fixed Income Indices Country Classification Review

As a result of the November 2023 review, the country classification for Croatia is being updated to Advanced Economies, effective in December 2024.

Global Industry Classification Standard (GICS) to Include REIT-Eligible Country List

S&P Dow Jones Indices (“S&P DJI”), a leading provider of financial market indices and MSCI Inc. (MSCI), a leading provider of critical decision support tools and services for the global investment community, have announced the inclusion of a list of countries recognized by the Global Industry Classification Standard (GICS) as having Real Estate Investment Trust (REIT) eligible classifications. This list will be integrated into the GICS methodology and reflected in the external definitions available on both organizations' websites. This update is designed to provide greater clarity and transparency, and it will not result in any changes to existing company-level GICS.

S&P Dow Jones Indices Country Classification Methodology Consultation – Results

S&P DJI will implement all of the aforementioned changes in conjunction with the 2022 annual country classification review, which is currently underway. The changes will first be visible to clients with the publication of S&P DJI’s 2022 Annual Country Classification Consultation expected to be issued in the near future.

S&P Dow Jones Indices 2022 Country Classification Consultation — Results

S&P DJI will make the following country reclassification effective at the annual reconstitution in September 2023.

S&P Dow Jones Indices’ 2023 Country Classification Consultation - Nigeria

Open for comment until Monday, October 23, 2023.

S&P Dow Jones Indices Country Classification – 2023/2024 Watchlists and Nigeria

S&P Dow Jones Indices (“S&P DJI”) conducts an annual country classification review on markets where material updates could potentially lead to a classification change. To provide further transparency, S&P DJI also maintains and publishes a watchlist of markets that are being monitored for potential classification changes. This update announcement provides a summary of actions that S&P DJI is currently considering regarding market classifications for 2023/2024.

S&P Dow Jones Indices Country Classification Treatment for Egypt and Argentina

S&P Dow Jones Indices Country Classification Treatment for Egypt and Argentina - June 2024 Quarterly Rebalancing

S&P Dow Jones Indices’ 2023 Country Classification Consultation for Nigeria – Results

S&P DJI will implement the previously described change in conjunction with the upcoming March 2024 Frontier Reconstitution which takes effect prior to the market open on Monday, March 18, 2024. The changes will first be visible to clients in pro-forma files beginning on Friday, March 1, 2024.

S&P Dow Jones Indices Country Classification – Update on the 2024/2025 Watchlists and Egypt

S&P Dow Jones Indices Country Classification – Update on the 2024/2025 Watchlists and Egypt

S&P Dow Jones Indices Country Classification Treatment for Nigeria, Egypt, Sri Lanka, Lebanon, Russia and Argentina

S&P Dow Jones Indices ("S&P DJI") is closely monitoring the ongoing issues in Nigeria, Egypt, Sri Lanka and Lebanon, taking the steps outlined below to address them. Additionally, S&P DJI has implemented certain measures on Russia and Argentina as detailed in the relevant sections of this notice.

S&P Dow Jones Indices Country Classification Treatment for Egypt and Argentina, and Reminder on Sri Lanka, Nigeria, Lebanon and Russia

Quarterly notice on markets under special treatment

S&P Emerging LargeMidCap (Domestic China A Full Inclusion)

The S&P Emerging + China A Domestic LargeMidCap seeks to measure large- and mid-cap stocks from the S&P Emerging BMI, including China A-shares. Large-, mid-, and small-cap size classifications for all China-domiciled companies are calculated as a single country rather than utilizing separate size classifications for A-shares and offshore-listed companies.

S&P Pan Asia ex-JANZ Health Care 50

The S&P Pan Asia ex-JANZ Health Care 50 is designed to measure the 50 largest companies from the Global Industry Classification Standard (GICS®) health care sector from developed and emerging Asia-Pacific countries, excluding Japan, Australia, and New Zealand.

Markit iBoxx GEMX Country Weights

Markit iBoxx GEMX Country Weights

The Case for Timber

Timber is an essential resource and a genuine building block of human civilization. Its use in building construction and as a fuel source have made it integral to the functioning of our societies and world economy. On the flip side, our dependence on timber, combined with a lengthy regeneration time, means we are steadily using…

Navigating Developed Markets: The S&P World Index Explained

Reliable and comprehensive benchmarks are indispensable in a landscape where global diversification is at the forefront. The S&P World Index tracks the performance of large- and mid-cap stocks from 24 developed markets, providing a consistent universe for historical market analysis and implementation of investment strategies. The S&P World Index was launched in 2009, building on…

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