FTSE UK Index Series Quarterly Review September 2018
- No changes to the FTSE 100
- Four changes to the FTSE 250
FTSE Russell, the global index provider, confirms today that there are no changes to the FTSE 100 Index as a result of the September 2018 quarterly review.
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.
The FTSE 250 Index will see the following changes (in alphabetical order), in addition to the amendments described above.
Entering FTSE 250 Index
Exiting FTSE 250 Index
Alfa Financial Software Holdings
FTSE Russell operates a reserve list for the FTSE 100 Index, to be used in the event of a corporate action occurring between reviews e.g. merger, acquisition, delisting or suspension. In such cases, the reserve list constituent with the largest market capitalisation (on the date of the corporate action) will replace the outgoing constituent. With immediate effect, the following reserve list for FTSE 100 will be used:
- Spirax-Sarco Engineering
- Wood Group (John)
- Hikma Pharmaceuticals
- JD Sports Fashion
- Weir Group
All changes from this review will be implemented at the close of business on Friday, 21 September 2018 and take effect from the start of trading on Monday, 24 September 2018.
A link to the full technical notice can be found here.
For further information:
Lucie Holloway/ Alex Ritterman
+44 (0)20 7797 1222
Notes to editors:
About FTSE Russell:
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. 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.
FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $16 trillion is currently benchmarked to FTSE Russell indexes. 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.
A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by London Stock Exchange Group.
For more information, visit www.ftserussell.com
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