MSCI adds four Asian firms, changes fail to inspire

By Sabyasachi Mitra

HONG KONG, Aug 14 (Reuters) - Four Asian firms that recently sold $3.1 billion of shares in public offerings were added to the benchmark MSCI stock indices, but fund managers said the changes were minor and would not have a major impact on asset allocations.

"If you are running purely indexed money then the changes are important to you, but apart from that it doesn't change much," said Markus Rosgen, chief Asian strategist at ING Financial ...