The derivatives exchange will begin disseminating the new index on Dec. 14
FTSE Russell says the asset class is “growing strongly”
By expecting lower performance than backtest results show, investors can form more realistic performance expectations
61 new companies added to index
The move to add Chinese equities follows from the implementation of the Stock Connect program to facilitate trading between Hong Kong and mainland China
The deal is expected to close later this year
The US$685-million deal for the Yield Book and Citi Fixed Income Indices, including the World Government Bond Index, is expected to close later this year
The new indices provide context to money-weighted return information clients are receiving as part of the new CRM2 rules
Canopy Growth Corp. will be the first marijuana company to join the index
The indices are licensed to BMO Global Asset Management for two ETFs