Qatar would see at least $2 billion in new foreign investment should it be upgraded from frontier market to emerging market status by influential index compiler MSCI in June, a BNY Mellon vice president said on Wednesday.
"Reports we've seen indicate Qatar would benefit from at least $2 billion in new money from investors who track the MSCI index," said Dubai-based Peter Gotke.
"You'd expect these indices to attach themselves very quickly, with a significant amount of money coming in a very short timeframe, possibly within six months or even three months," Gotke said.
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