«Στην περίοδο που διανύουμε, είναι ιδιαίτερα σημαντικό να ενισχύεται κάθε παράγοντας που υποστηρίζει το θετικό κλίμα για το μέλλον της οικονομίας μας», δήλωσε ο πρόεδρος του Χρηματιστηρίου Αθηνών, Σωκράτη Λαζαρίδη.
«H απόφαση του οίκου FTSE για τη διατήρηση του ελληνικού Χρηματιστηρίου στις αναπτυγμένες αγορές, είναι άλλη μια επιβεβαίωση ότι η αγορά μας καλύπτει τα απαιτούμενα τεχνικά κριτήρια που αξιολογεί η διεθνής επενδυτική κοινότητα. Η ψυχολογία του επενδυτικού κοινού βελτιώνεται από τέτοιου είδους μηνύματα που ενισχύουν την αξιοπιστία την εμπιστοσύνη και τη σταθερότητα της αγοράς μας.»
FTSE Announces 2013 Country Classification Changes
This year’s annual FTSE Country Classification Review has been completed by the independent FTSE Country Classification Committee, and their recommended changes have been ratified by the FTSE Policy Group. As a result of the review all country classifications remain unchanged. Two countries – Argentina and Mongolia – have been added to the Watch List for further assessment in the next annual review.
In order to ensure that the potential reclassification of countries is transparent to investors, FTSE creates annual Watch List containing countries that may be subject to a change in their classification.
Countries are added to the Watch List only when the Country Classification Committee agrees that a sufficient number of scores have been modified to warrant proposing a potential reclassification.
Argentina has been placed on the Watch List for possible demotion from Frontier due to the continuing stringent capital controls imposed on international investors and the perceived lack of an independent regulatory authority protecting the rights of shareholders.
Mongolia will join the Watch List for possible inclusion as a Frontier market based on its progress in developing a market infrastructure designed to increase foreign investment and also its privatisation plans, scheduled for the near future.
FTSE’s Country Classification Process
Working with independent practitioner committees made up of senior industry experts and index users, FTSE has designed a transparent, evidence driven-country classification process for determining the status of global markets.
Using this approach, markets which meet the economic conditions of a developed, advanced emerging or emerging economy are measured against the ‘Quality of Markets Assessment’ criteria developed in consultation with the investment community. This is supported by an in-depth engagement programme with the markets being assessed. As a result, the FTSE Country Classification methodology provides a transparent and consistent assessment of the markets of over 70 countries with respect to the quality of their investment infrastructure for international investors.
FTSE Country Classification Process Report
To give investors more information on our country classification process, FTSE has recently published a report on its country classification process that can be viewed at http://www.ftse.com/Indices/Country_Classification. The report explains how the system has evolved into a unique, transparent and objective mechanism that meets the needs of institutional investors.