All information and data contained in this publication is obtained by the LSE Group, from sources believed by it to be accurate and reliable. FTSE Russell, the global index provider, confirms today that Renishaw and Weir Group will be joining the FTSE 100 Index as a result of the March 2021 quarterly review. 5 0 obj FTSE Russell, a leading global index provider, confirms today that ITV will be joining the FTSE 100 Index as a result of the June 2021 quarterly review. By Nimesh Shah | Mar 19, 2021 4:23 PM IST (Updated) Mini. In addition to examining portfolio-centric impacts, PEs and traders also consider the broader market ecosystem. Because fixed income indexes tend to rebalance more frequently than equity indexes, the magnitude of the rebalances also tends to be smaller. FTSE Russell, a leading global index provider, confirms today that ITV will be joining the FTSE 100 Index as a result of the June 2021 quarterly review. %PDF-1.7 One of the key functions of the group is to create pro-forma indexes ahead of every rebalance, or provide projections of what an index will look like in the future based on announced index changes. 1 of 3 FTSE Russell Factsheet FTSE Mexico All Cap Index bmkTitle1 The FTSE Mexico All Cap Index is part of a range of indexes designed to help Mexican investors benchmark their investments. 577 0 obj <> endobj For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. 8 0 obj PLEASE NOTE: The actual review of the FTSE UK Index Series will be conducted using data as at market close on Tuesday 30 November 2021. The Financial Times Stock Exchange 100 Index, otherwise known as the FTSE 100 Index is a share index of the 100 largest companies trading on the London Stock Exchange in terms of market. The series includes over 16,000 large, mid, small, and micro cap securities across 48 developed and emerging markets globally, with a wide range of modular indexes available to target specific markets and market segments. The IRG team managed over 155,000 projections for the May 2020 MSCI rebalance alone. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell U.S. Index Reconstitution MSCI Quarterly Review MSCI Semi-Annual Review S&P Indexes Rebalance S&P 500, S&P 400, and S&P 600 Nasdaq 100 Addition/Deletion announcement expected Nasdaq-100 Rebalance and Nasdaq . All performance presented prior to the index inception date is back-tested performance. Instead, replacement companies to the FTSE 100 and FTSE 250 will be selected by ranking the existing constituents of the FTSE All-Share index - with the highest-ranking company not included within the applicable index serving as the replacement. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering. endstream endobj startxref The LSE Group includes (1) FTSE International Limited (FTSE), (2) Frank Russell Company (Russell), (3) FTSE Global Debt Capital Markets Inc. and FTSE Global Debt Capital Markets Limited (together, FTSE Canada), (4) MTSNext Limited (MTSNext), (5) Mergent, Inc. (Mergent), (6) FTSE Fixed Income LLC (FTSE FI), (7) The Yield Book Inc (YB) and (8) Beyond Ratings S.A.S. 2 0 obj endobj 9 0 obj 2 0 obj In the rebalance, Renishaw will leave the FTSE 100 index and enter the FTSE 250 index. Effective from the December 2020 quarterly review of the FTSE UK Index Series, the reserve lists for the FTSE 100 Index and the FTSE 250 Index will no longer be published or utilised in order to select a replacement company triggered by intra-quarter deletions. A link to the full technical notice can be found here. Learn more FTSE Russell | FTSE UK Index Series Review Reference Data, January 2022 4 of 8 PUBLIC New Issues cut-off 2in order . Confirmed rebalance changes will be announced after market close on Wednesday 2 June 2021. % Browse through our Press Releases to get up-to-date with all the latest news, updates, and product launches from FTSE Russell. Please see disclaimer for important legal information. As such, their role involves much more than what is traditionally referred to as portfolio management. Functionally, PEs are akin to engineers who understand the importance of design, technology, and market dynamics in the ongoing management of an investment portfolio. stream 4 0 obj The back-test calculations are based on the same methodology that was in effect when the index was officially launched. Confirmed rebalance changes will be announced after market close on Wednesday 1 December 2021. xXn8}7\ 0;ME4}udo:JuqlK]II 3M):;4ZpszXGCo_I]87 ^T n& The reason for the same is that now, Adani Transmission has gotten inside FTSE rebalance. m}UUS`W: r$%>E2o90pE+7ROkQ90qJWtrEA&P)fIf4D.1Z0A8HOCC5ArUyM f'uEm{>]jnKNN&8l+mhzvuH)ZP_oG]eTg0;ZVMt&'|R[ch*h%PeNZ9QRmq/f{t>Nv;|N|!0~}.rg}q3;puX*-0 This includes determinations about how frequently indexes are reviewed and updated. Such forward-looking assessments are subject to risks and uncertainties and may be affected by various factors that may cause actual results to differ materially. 1387 0 obj <>stream The LSE Group includes (1) FTSE International Limited (FTSE), (2) Frank Russell Company (Russell), (3) FTSE Global Debt Capital Markets Inc. and FTSE Global Debt Capital Markets Limited (together, FTSE Canada), (4) MTSNext Limited (MTSNext), (5) Mergent, Inc. (Mergent), (6) FTSE Fixed Income LLC (FTSE FI), (7) The Yield Book Inc (YB) and (8) Beyond Ratings S.A.S. Approximately $16 trillion is currently benchmarked to FTSE Russell indexes. endstream This may involve trading during the continuous trading day (e.g., away from the close) or, in advance of, or after the rebalance effective date. The rules-driven, impartial quarterly reviews ensure the indexes continue to portray an accurate reflection of the market they represent and form an essential component to the management of the indexes. To build portfolio solutions for each rebalance, PEs leverage the projections from index providers and evaluate potential trades against a plethora of trading data. Adjustment date will be on Friday- March 19, 2021 FTSE will be implementing the 3nd tranche of India FOL changes in March 19, 2021 Large Cap Index Inclusions Reliance PP (Partly Paid Up Shares) Adani Enterprises Adani Total Gas Exclusions United Breweries PNB Mid Cap Index Key Inclusions Honeywell Automation Hindustan Aeronautics Apollo Hospitals <> Use and distribution of the LSE Group data requires a licence from FTSE, Russell, FTSE Canada, MTSNext, Mergent, FTSE FI, YB, BR and/or their respective licensors. The small cap has seen 26 Indian companies getting added. These are based upon a number of assumptions concerning future conditions that ultimately may prove to be inaccurate. endobj 2Source: BlackRock. All performance presented prior to the index inception date is back-tested performance. The Index Research Group (IRG) is a team of index methodology specialists who provide insights, analysis and research on BlackRocks broad suite of index benchmarks. The fixing dates for 2021 can be found below. endobj Indicative FTSE 100 Additions Dechra Pharmaceuticals Electrocomponents Indicative FTSE 100 Deletions Darktrace endobj However, back-tested data may reflect the application of the index methodology with the benefit of hindsight, and the historic calculations of an index may change from month to month based on revisions to the underlying economic data used in the calculation of the index. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. Such forward-looking assessments are subject to risks and uncertainties and may be affected by various factors that may cause actual results to differ materially. All information and data contained in this publication is obtained by the LSE Group, from sources believed by it to be accurate and reliable. 3 0 obj FTSE, Russell, FTSE Russell, MTS, FTSE4Good, ICB, Mergent, The Yield Book, Beyond Ratings and all other trademarks and service marks used herein (whether registered or unregistered) are trademarks and/or service marks owned or licensed by the applicable member of the LSE Group or their respective licensors and are owned, or used under licence, by FTSE, Russell, MTSNext, FTSE Canada, Mergent, FTSE FI, YB or BR. Benchmarks as of December 31, 2020. Such forward-looking assessments are subject to risks and uncertainties and may be affected by various factors that may cause actual results to differ materially. 1 0 obj No responsibility or liability can be accepted by any member of the LSE Group nor their respective directors, officers, employees, partners or licensors for (a) any loss or damage in whole or in part caused by, resulting from, or relating to any error (negligent or otherwise) or other circumstance involved in procuring, collecting, compiling, interpreting, analysing, editing, transcribing, transmitting, communicating or delivering any such information or data or from use of this document or links to this document or (b) any direct, indirect, special, consequential or incidental damages whatsoever, even if any member of the LSE Group is advised in advance of the possibility of such damages, resulting from the use of, or inability to use, such information. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Index Reviews. Scroll to continue. In 2020, the team managed 829,000 projections for the year (Figure 1). stream FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. All information is provided for information purposes only. FTSE International Limited is authorised and regulated by the Financial Conduct Authority as a benchmark administrator. k\jL3,ZM@%='CUM!nktmnUrs0Xjd6]TF TW8Y l9:H,X';9ZWayj \aNTI&r$i5ROZCJXSl6N-f:vVlEiv6UPY#GOHl The FTSE 250 Index will see the following changes (in alphabetical order): Auction Technology GroupMoonpig GroupRenishawSpire Health GroupTrustpilot Group, Foresight Solar FundITVJLEN Environmental Assets GroupProvident FinancialSabre Insurance Group. Returns shown before the index launch date reflect hypothetical historical performance. hbbd```b``+dX$LH&0>fIif @ "\AM Wb.a`bd` VH2w R %PDF-1.6 % 3 . 10 0 obj In the rebalance, Renishaw will leave the FTSE 100 index and enter the FTSE 250 index. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering. No member of the LSE Group nor their respective directors, officers, employees, partners or licensors make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the accuracy, timeliness, completeness, merchantability of any information or of results to be obtained from the use of FTSE Russell products, including but not limited to indexes, data and analytics, or the fitness or suitability of the FTSE Russell products for any particular purpose to which they might be put. <> Russell US Index membership . <> stream These are based upon a number of assumptions concerning future conditions that ultimately may prove to be inaccurate. hb``` ea` :tngL9n:sPd'Gors[Q79 wpv9QqYKbIk]U_ %aQS=|)e. <> * Nationality reassigned from the UK to Netherlands in accordance with the FTSE NationalityRules and is therefore ineligible for the FTSE UK Index Series. Index returns shown may not represent the results of the actual trading of investable assets. FTSE, Russell, FTSE Russell, MTS, FTSE4Good, ICB, Mergent, The Yield Book, Beyond Ratings and all other trademarks and service marks used herein (whether registered or unregistered) are trademarks and/or service marks owned or licensed by the applicable member of the LSE Group or their respective licensors and are owned, or used under licence, by FTSE, Russell, MTSNext, FTSE Canada, Mergent, FTSE FI, YB or BR. The 2021 reconstitution schedule for the Russell US indexes is provided below along with a list of methodology enhancements effective as of the reconstitution effective date on 25 June 2021. endobj For example, not only do PEs need to understand the rationale behind index changes (e.g., if there is a corporate action, such as a tender offer, taking place), but in instances where they do not need to trade every index holding, PEs must also generate optimized portfolio rebalance orders in an effort to minimize tracking error and cost. FTSE Russell is a trading name of FTSE, Russell, FTSE Canada, MTSNext, Mergent, FTSE FI, YB and BR. Back-tested performance is not actual performance, but is hypothetical. The third tranche of the FTSE rebalancing got effective in the last one hour of trade. This year's reconstitution reveals the US equity market increased in size, with the total market cap of the Russell 3000 Index up 51.9% from $31.4 trillion as of last year's rebalance to $47.7 trillion based on this year's rank day (May 7, 2021). FTSE, Russell, FTSE Russell, MTS, FTSE4Good, ICB, Mergent, The Yield Book, Beyond Ratings and all other trademarks and service marks used herein (whether registered or unregistered) are trademarks and/or service marks owned or licensed by the applicable member of the LSE Group or their respective licensors and are owned, or used under licence, by FTSE, Russell, MTSNext, FTSE Canada, Mergent, FTSE FI, YB or BR.