London Stock Exchange Group
Russell US Equity Indexes for IOSCO Compliance
Pages
43
Time to read
79 mins
Publication
Language
English
Pages
43
Time to read
79 mins
Publication
Language
English
This document is a technical report detailing the Russell US Equity Indexes designed to comply with the IOSCO Principles for Financial Benchmarks. It outlines the methodology and management responsibilities associated with the indexes, which are float-adjusted and market capitalization-weighted, providing a comprehensive view of the equity market. The report specifies that the indexes do not incorporate ESG factors in their design. It also describes the various types of available indexes, including capital and total return indexes, net total return indexes, and sector indexes. Additionally, it mentions the responsibilities of FTSE Russell as the benchmark administrator, including the maintenance of index weightings and periodic reviews. The document includes references to external advisory committees that assist in the oversight of the indexes and details the process for amendments to the methodology. Overall, it serves as a guide for understanding the structure and governance of the Russell US Equity Indexes.