| Company type | Subsidiary |
|---|---|
| Industry | Finance |
| Founded | 1995 |
| Headquarters | 10 Upper Bank Street London, England, UK |
Key people | Arne Staal (CEO) |
| Products | Financial indices |
| Parent | London Stock Exchange Group |
| Website | ftserussell |
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]
- ^ "FTSE Russell". FTSE Russell. Retrieved 18 March 2019.
"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.
- ^ "LSEG launches new FTSE Russell brand" (Press release). London Stock Exchange Group. 18 May 2015. Retrieved 18 March 2019.
- ^ "London Stock Exchange sells Russell Investments for $1.2bn". The Telegraph. London. 8 October 2015. Retrieved 18 March 2019.
- ^ "Proposed Sale of Frank Russell Company's Asset Management Business" (Press release). London Stock Exchange Group. 8 October 2015. Retrieved 18 March 2019.
- ^ "London Stock Exchange Group to acquire Mergent". Pensions & Investments. 2016-11-21. Retrieved 2021-08-03.
- ^ Kerber, Ross; Alper, Alexandra (2020-12-05). "FTSE Russell to drop eight Chinese firms after U.S. blacklisting". Reuters. Retrieved 2020-12-16.
- ^ "Treatment of Russia in FTSE Russell Equity Indices".