IAG Returns to MSCI World Index Following Exclusion in 2019 for Protecting Shareholding From Non-EU Investors in Wake of Brexit

IAG returns to MSCI World Index following exclusion in 2019 for protecting shareholding from non-EU investors in wake of Brexit

The Corner Renta4 | IAG will enter the MSCI World Index from Monday 2 June. Ryanair will also enter the index. The MSCI World Index incorporates some 1,350 medium and large companies from the world’s 23 major developed economies. IAG was part of the index until March 2019 when it was excluded following its decision to shield its shareholding from non-EU investors to protect itself from Brexit. Assessment: Positive news as the...

Market Consensus Renta4 IAG will enter the MSCI World Index index as of Monday, June 2. Ryanair will also enter the index. The MSCI World Index index incorporates some 1,350 companies of a medium and large size from the 23 major developed economies of the world. IAG was part of the index until March 2019 when it was excluded after its decision to shield its shareholding to non-EU investors to protect itself from Brexit. Rating: Positive news as…