London Stock Exchange welcomed the launch of the FTSE RAFI Equity Income Index Series
London Stock Exchange today welcomed the launch of the FTSE RAFI Equity Income Index Series. The new index series is designed to measure the performance of high yield stocks which have been screened to target sustainable income. Mark Makepeace, CEO of FTSE Russell was joined by Peter Thompson, CEO of Source ETP and Rob Arnott, Founder of Research Affiliates on the balcony of London Stock Exchange to celebrate the launch.
The new index series represents the latest expansion to FTSE’s range of smart beta indices. Launched in 2005, the FTSE RAFI Index Series is the original smart beta index series and has the longest live track record of any alternatively weighted index series. FTSE RAFI indices are widely adopted by institutions and product providers as a performance benchmark or as the foundation for new investment products. As of March 2015 there were approximately $75 Billion in assets tracking FTSE RAFI.