ID :
407767
Wed, 05/25/2016 - 17:53
Auther :

CEO of MSCI Visits Qatar Stock Exchange

Doha, May 25 (QNA) - Qatar Stock Exchange welcomed a delegation of MSCI executives on Thursday of last week, led by Henry Fernandez, Chairman and CEO of MSCI. The delegation met several senior officials to understand the strategy and vision for development of capital markets in Qatar. Rashid Al Mansoori, CEO of QSE, said, "QSE will maintain its leadership position in the region by attracting global capital into its financial markets. Our strategy has been to continue to increase Qatar's weight in the MSCI Emerging Markets Index by increasing the foreign ownership levels and liquidity of our listed companies. In addition, we are working toward adding more high-quality companies. We are committed to developing the efficient market infrastructure required for achieving developed market status." Fernandez noted that MSCI views the alignment of policy makers on the vision for further development as a positive trend. He said, "Our clients, the world's largest investors, have specific needs with regard to market accessibility. We are happy to be working closely with officials in the QSE to discuss further improvements investors would like to see in the country's regulatory environment and market infrastructure." Since being included in MSCI Emerging Markets Index in May 2014, QSE has seen more than USD 3bn inflows from international institutional investors. For more than 40 years, MSCI's research-based indexes and investment tools have helped the world's leading investors build and manage better portfolios. Clients rely on MSCI's offerings for deeper insights into the drivers of performance and risk in their portfolios, broad asset class coverage and innovative research. (QNA)

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