FTSE Russell adopted a rule change that will speed the addition of newly listed large-cap companies to its main indexes, weeks ahead of
Under the policy announced late Tuesday, IPOs with investable market capitalizations above the cutoff for the Russell Top 500 will qualify for so-called
“The introduction of a fast entry mechanism for sizable IPOs enables the indexes to reflect significant market developments more promptly,” Arne Noack, head of equity and multi-asset indices, Americas at FTSE Russell, ...