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.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BUR:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue