MSCI says it won’t make previously flagged changes to Russian securities due to sanctions

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FILE PHOTO: Illustration photo of the MSCI logo

HONG KONG – MSCI will not implement changes for Russian securities that it had previously announced as part of its February review, following U.S. sanctions targeting Russia, the index provider said in a statement on Thursday.

MSCI also said it welcomed feedback from market participants on the impact of the U.S. sanctions on their investment processes, including whether any additional changes to MSCI indexes may be necessary or helpful “to maintain the investability of relevant MSCI indexes”.

The changes, which were announced earlier this month, as part of MSCI’s regular review process, had been due to be implemented as of the market’s close on Feb. 28.

(Reporting by Alun John; Editing by Muralikumar Anantharaman)