Invest in a Local Index, with a Strong Global Flavour
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Invest in a Local Index, with a Strong Global Flavour
Invest in a Local Index, with a Strong Global Flavour
Satrix Managers
Q1 of 2024 | 1 year 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.
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