Burford Capital (BUR) notes the announcement by MSCI for the purpose of its MSCI Global Standard Indexes of a change to the country classification of Burford Capital. Implemented as of the close on May 30, and effective June 2, Burford will be added to the MSCI USA Indexes and MSCI US Equity Standard and Small Cap Indexes and deleted from the MSCI United Kingdom Indexes. The change of Burford’s country classification is expected to result in some rotation of passive holdings from the company’s London stock line to the New York stock line in the immediate term.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BUR: