South Korea, Taiwan, the United Arab Emirates and Qatar failed to secure an upgrade from MSCI...

|By:, SA News Editor

South Korea, Taiwan, the United Arab Emirates and Qatar failed to secure an upgrade from MSCI yesterday, with the former two retaining "emerging market" status and the latter two as "frontier" markets. Upgrades could potentially lure more of the $7T in investor assets that track the MSCI's indexes. All four remain under review for future upgrades.