JPMorgan to cut China, India share in flagship emerging-market index

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JPMorgan Chase will cut the weight of the largest bond issuers in its flagship emerging-market index, diverting investor flows from the likes of China and India towards smaller nations.The Wall Street bank will gradually lower the issuer cap on its GBI-EM Global Diversified index in the first half of 2026, according to a client notice seen by Bloomberg.The limit will fall to 9 per cent from 10 per cent currently, with the implementation to be phased over a period of several months, the...