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JPMorgan mulls cutting China, India share in EM bond index
Hindustan Times Noida
|July 11, 2025
JPMorgan Chase & Co. is considering cutting the weight of the largest bond issuers in its flagship emerging-market index— including China and India—as it seeks to reflect a broader range of developing-nation debt.
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.
One of the proposals envisages lowering a cap on individual countries from 10% to 8.5%, a move that could increase the
This story is from the July 11, 2025 edition of Hindustan Times Noida.
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