<ul data-eligibleForWebStory="false"><li>JPMorgan Chase & Co. is considering reducing the weight of China and India in its GBI-EM Global Diversified index, a benchmark for local-currency developing-nation debt.</li><li>The proposed amendments aim to broaden the range of developing-nation debt and one suggestion includes lowering the cap on individual countries from 10% to 8.5%.</li><li>The changes, if implemented, could impact major bond sellers in emerging markets like Indonesia, Mexico, Malaysia, China, and India, benefiting countries like Brazil, South Africa, Poland, and Colombia.</li><li>JPMorgan's index revisions could influence global investment flows, affecting funds for developing-nation debt, while the bank is also considering a new frontier local markets index covering 21 markets across 20 currencies.</li></ul>

JPMorgan Considers Cutting China, India Share In EM Bond Index

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