FTSE Russell explained

FTSE Russell
Key People:Arne Staal (CEO)

FTSE Russell is a subsidiary of London Stock Exchange Group (LSEG) that produces, maintains, licenses, and markets stock market indices.[1] The division is notable for the FTSE 100 Index in the UK and the Russell 2000 Index in the US, among others.

The brand and division FTSE Russell was introduced in 2015, while integrating the indexing services of FTSE index series and Russell index series.[2] In the same year, LSEG sold Frank Russell Company's asset management division Russell Investments.[3] [4] Also in 2015, FTSE Russell acquired the corporate data company Mergent.[5]

In December 2020, FTSE Russell announced that it would strip its indexes of eight Chinese companies in response to U.S. Executive Order 13959.[6]

On 2 March 2022, in response to the invasion of Ukraine by the Russian Federation and resultant sanctions, FTSE Russell removed all Russian securities from all FTSE Russell indexes.[7]

Indexes

See main article: category.

Notes and References

  1. Web site: FTSE Russell. FTSE Russell. "FTSE Russell" is a trading name of FTSE International Limited (“FTSE”) and Frank Russell Company (“Russell”) and their respective subsidiary undertakings, which are members of the London Stock Exchange Group plc group.. 18 March 2019.
  2. LSEG launches new FTSE Russell brand . 18 May 2015. 18 March 2019. London Stock Exchange Group.
  3. News: London Stock Exchange sells Russell Investments for $1.2bn. 8 October 2015. 18 March 2019. The Telegraph. London.
  4. Proposed Sale of Frank Russell Company's Asset Management Business . 8 October 2015. 18 March 2019. London Stock Exchange Group.
  5. Web site: London Stock Exchange Group to acquire Mergent. Pensions & Investments. 2021-08-03. 2016-11-21.
  6. News: Kerber. Ross. Alper. Alexandra. 2020-12-05. FTSE Russell to drop eight Chinese firms after U.S. blacklisting. en. Reuters. 2020-12-16.
  7. Web site: Treatment of Russia in FTSE Russell Equity Indices .