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. Politics of Index rating
. Politics of investing
. Sorry no upgrade for Taiwan, SKorea, UAE, Qatar
. Till fx convertibility
. As much as US funds want to diversify out of US$ & equities.
. And MSCI wants to help
. But what's the use to invest overseas when currency is an issue.
. Carrot & stick approach.
. Asia should come up with it's own rating in the future
. For now at the mercy of US dominated Financial regime
http://www.reuters.com/article/2011/06/22/msci-review-idUSN1E75K1W120110622
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