Downgrades and upgrades: Greece, Qatar, and UAE to be reclassified as Emerging Status starting Sept. 22

As previously announced S&P Global BMI indices will undergo its annual reconstitution effective 22 September 2014. This year’s major changes to the S&P Global BMI indices are the reclassification of Greece to Emerging status from Developed status, as well as the reclassification of Qatar and UAE from Frontier status to Emerging status. Greece’s constituents will be removed from all S&P Developed BMI market indices and will become a part of the S&P Emerging BMI series. Constituents from Qatar and UAE will be included in the S&P Emerging BMI series for the first time.