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Greek Stocks to Suffer Outflows on MSCI Upgrade, JPMorgan Says

Bloomberg Markets Monday 02 November 2026, 14:26 UTC By Farah Elbahrawy 1 min read
Key Points

Greek Stocks to Suffer Outflows on MSCI Upgrade, JPMorgan Says Greek stocks will suffer outflows as MSCI Inc.’s upgrade of the country to developed-market status forces emerging-market trackers to sell, according to JPMorgan Chase & Co. strategists. The change, due to take effect in May, would prompt $5.1 billion of selling from funds benchmarked to emerging-market indexes, a team led by Pankaj Gupta wrote in a note. Developed-market trackers are expected to buy $4.8 billion, leaving an...

Greek Stocks to Suffer Outflows on MSCI Upgrade, JPMorgan Says Greek stocks will suffer outflows as MSCI Inc.’s upgrade of the country to developed-market status forces emerging-market trackers to sell, according to JPMorgan Chase & Co. strategists. The change, due to take effect in May, would prompt $5.1 billion of selling from funds benchmarked to emerging-market indexes, a team led by Pankaj Gupta wrote in a note. Developed-market trackers are expected to buy $4.8 billion, leaving an estimated net outflow of about $275 million.
Greek (ORG) MSCI Upgrade (ORG) JPMorgan (ORG) MSCI Inc.’s (ORG) JPMorgan Chase & Co. (ORG) Pankaj Gupta (PERSON)
Originally published by Bloomberg Markets Read original →

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