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MSCI chief explains why South Korea still isn’t a developed market

CNBC · Jun 25, 2026, 12:59 PM · Also reported by 4 other sources

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  • There is one key issue standing in the way of South Korea obtaining developed-market status, MSCI's CEO said Thursday, after the equity index provider maintained the country's emerging market classification.
  • "South Korea is one of the most developed markets on the planet," Henry Fernandez, CEO of MSCI, told CNBC's "Squawk Box Europe."

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There is one key issue standing in the way of South Korea obtaining developed-market status, MSCI's CEO said Thursday, after the equity index provider maintained the country's emerging market classification.

"South Korea is one of the most developed markets on the planet," Henry Fernandez, CEO of MSCI, told CNBC's "Squawk Box Europe."

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