FTSE Global Equity Index Series

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The FTSE Global Equity Index Series is a series of stock market indices provided by FTSE Group. It was launched in September 2003, and provides coverage of over 17,000 stocks in 49 countries.[1]

The series comprises various global and local indexes, including:[2]

  • FTSE Global Total Cap Index, a global index covering approximately 17,000 stocks from micro cap to large cap
  • FTSE Global All Cap Index, a global index covering approximately 9,000 stocks from small cap to large cap
  • FTSE All-World Index, a global index covering approximately 4,000 mid cap and large cap stocks

FTSE All-World Index[]

FTSE All-World index series is a stock market index that covers over 3,100 companies in 47 countries, which started in 1986 as the FT-Actuaries World Index.[3] It is calculated and published by the FTSE Group, a wholly owned subsidiary of the London Stock Exchange which originated as a joint venture between the Financial Times and the London Stock Exchange.[4]

The All-World series is sub-divided into three segments:

  • Developed
  • Advanced Emerging
  • Emerging Markets.

The Base Date is December 31, 1986. The All-World Index is used as a base for The Vanguard Group's FTSE All-World UCITS ETF.

History[]

This index has been calculated since 31 December 1986, originally as the FT-Actuaries World Indices.[5]

In 1995, Wood Mackenzie and Co., one of the original partners, sold its stake to Standard & Poor’s. The name of the index was changed to FT/S&P – Actuaries World Indices.

On 29 November 1999, FTSE International Limited acquired the stakes of Goldman Sachs and Standard & Poor’s. The name changed to the FTSE World Index series.

FTSE took exclusive rights to integrate the Baring Emerging Markets data series with its existing FTSE World Index series. This resulted in the creation of the FTSE All-World Index series on June 30, 2000.

  • The FTSE All-World Index was launched in the year 2000.[6]

On September 22, 2003, FTSE introduced enhancements to improve the coverage of mid cap stocks in the index and remove some smaller stocks.

References[]

  1. ^ "FTSE Global Equity Index Series (GEIS)". FTSE Russell.
  2. ^ "FTSE GEIS product highlights" (PDF). FTSE Russell.
  3. ^ "FTSE All-World Index Factsheet". FTSE Russell. October 20, 2017.
  4. ^ "FTSE All-World Index". FTSE Group. Archived from the original on 2014-10-02.
  5. ^ "Documents - FTSE indices". Institute and Faculty of Actuaries. September 1, 2004.
  6. ^ "Indexing the world" (PDF). FTSE Russel.
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