Invest in a Local Index, with a Strong Global Flavour
Satrix Managers
Q1 of 2024 | 5 months ago
Over the past few years, local equity indices using the ALSI methodology have seen significantly reduced exposure to inward listed multi-national companies, such as BHP Group Limited (BHP), Compagnie Financière Richemont (CRF), Glencore PLC (GLN), Naspers (NPN), Prosus (PRX), and Anheuser-Busch INBev (ANH) (SAB), where the index rules meant corporate actions and restructuring efforts resulted in their floats being considered for local index consideration, substantially reduced.
Invest in a Local Index, with a Strong Global Flavour
Satrix Managers
Q1 of 2024 | 5 months ago
Over the past few years, local equity indices using the ALSI methodology have seen significantly reduced exposure to inward listed multi-national companies, such as BHP Group Limited (BHP), Compagnie Financière Richemont (CRF), Glencore PLC (GLN), Naspers (NPN), Prosus (PRX), and Anheuser-Busch INBev (ANH) (SAB), where the index rules meant corporate actions and restructuring efforts resulted in their floats being considered for local index consideration, substantially reduced.