Adding another "oil token player" to the emerging markets basket; the change in diversification is quite interesting.

JPMorgan confirmed on April 23, 2026, that it will add Saudi Arabia to its benchmark Government Bond Index-Emerging Markets (GBI-EM) effective January 29, 2027, according to a note circulated by the New York-based bank. Saudi Arabia will be included with a 2.52 percent weighting, marking a