Global Index Mail

Research evidence excerpt

Global Index Mail

Pankaj Gupta, CFA AC Global Markets Strategy

(44-20) 7134-5483 19 June 2026 J P M O R G A N

pankaj.gupta2@jpmorgan.com

Upcoming Index Events

• FTSE All World All Cap Index Review: June 2026- On May 22, 2026, FTSE

announced the confirmed changes for its quarterly review of the FTSE All World All Cap

index series including additions and deletions. The announced changes will be

implemented after the close on June 19th (effective starting June 22nd open). We provide

summary tables for the rebalance trade and the names with biggest flows.

• FTSE Country Classification Review 2025:FTSE announced the results of the annual

review of country classification after the US market close on October 07, 2025.

Greece will be promoted to Developed Market status (DM) in conjunction with

the September 2026 semi-annual review. We estimate net passive outflow of

approximately $112.8 million from Greece. The estimated weight of Greece in the FTSE

DM All Cap Ex-US is expected to be around 0.27%, down from approximately 0.70%

in the FTSE EM All Cap Index. Vietnam will be promoted to Emerging Market status

(EM) in conjunction with the September 2026 semi-annual review subject to an

interim review in March 2026. We estimate 22 Vietnam stocks could be potentially

added to FTSE EM indices based on current market cap. The estimated passive inflow

could be around $1.3bn with an estimated weight of 0.34% in the FTSE Emerging Market

All Cap index.

• MSCI Country Classification Review 2025:MSCI announces the results of its Annual

Market Classification Review after the US market close on June 24, 2025. Select

highlights of this year’s review includes: 1) MSCI will continue to review the

implementation and market adoption of measures to enhance the accessibility of the