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JPMorgan mulls cutting India, China share in EM bond index

Financial Express Lucknow

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July 11, 2025

JPMORGAN CHASE & Co is considering cutting the weight of the largest bond issuers, including China and India, in its flagship emerging-market index as it seeks to reflect a broader range of developing-nation debt.

- BY GREG RITCHIE, JORGELINA DO ROSARIO & SUJATA RAO

The Wall Street bank has been soliciting feedback from clients on amendments to its GBI-EM Global Diversified index, the benchmark for local-currency developing-nation debt that's tracked by more than $200 billion of funds, documents seen by Bloomberg show.

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