FTSE All-World index series

FTSE All-World index series is a stock market index that covers over 3,100 companies in 47 countries starting in 1986.[1] 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.[2]

History

This index has been calculated since 31 December 1986, originally as the FT-Actuaries World Indices.[3]

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.

On September 22, 2003, FTSE introduced enhancements to improve the coverage of mid cap stocks in the index and remove some smaller stocks. In line with these enhancements, FTSE also launched the FTSE Global Equity Index Series.

Structure

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

  • Developed
  • Advanced Emerging
  • Emerging Markets.

The Base Date is December 31, 1986.

References

  1. "FTSE All-World Index Factsheet". FTSE Russell. October 20, 2017.
  2. "FTSE All-World Index". FTSE Group. Archived from the original on 2014-10-02.
  3. "Documents - FTSE indices". Institute and Faculty of Actuaries. September 1, 2004.
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