JPMorgan Chase plans to reduce the influence of major bond issuers in its emerging-market index. This shift will re-route investment from countries like China and India. Smaller nations are set to gain from this adjustment. The change involves lowering the issuer cap to 9% by 2026. This move aims to balance regional exposure and boost index yield.
Astral shares drop 6% after demerger. What should investors do?
Astral shares fell nearly 6% on Monday after the company’s board approved the demerger of its chemicals business into a newly incorporated entity, Astral Chemie.