Who compiles the FTSE-100?
The FTSE-100 is compiled by the FTSE International, a joint venture of the London Stock Exchange (LSE) and The Financial Times (FT), a subsidiary of Pearson. LSE holds 50 per cent of the FTSE International’s equity while FT owns the other half. The indices published by the FTSE International can be classified into four categories: global equity indices; UK indices; alternative investment indices; and other indices. While global equity indices include the likes of the FTSE all-world Index and the FTSE Multinationals Index, the UK Indices include the likes of the FTSE-100 and the FTSE-250. The alternative investment indices, meanwhile, include the FTSE Hedge and the FTSE UK Gilts Indices among others. The other indices category includes a host of indices such as the FTSE GWA Index series and the FTSE/Hang Seng Index Series. The indices compiled by FTSE International can also be classified on the basis of utility into benchmark indices and tradable indices. The benchmark indices, comprisi