Core Viewpoint - Burford Capital Limited is undergoing a change in its country classification by MSCI, moving from the MSCI United Kingdom Indexes to the MSCI USA Indexes, which is expected to impact passive holdings and trading dynamics [1][2]. Group 1: Company Overview - Burford Capital is a leading global finance and asset management firm focused on law, offering services in litigation finance, risk management, asset recovery, and legal finance advisory [3]. - The company is publicly traded on both the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR) [3]. Group 2: MSCI Index Changes - The change in Burford's classification will be implemented at the close on May 30, 2025, and will take effect on June 2, 2025 [2]. - This reclassification is anticipated to lead to a rotation of passive holdings from Burford's London stock line to its New York stock line in the short term [2].
MSCI changes Burford Capital country classification to USA from United Kingdom