What is the FTSE and what is its purpose?

FTSE (Financial Times Stock Exchange) is an independently funded British management company. Owned by The Financial Times and the London Stock Exchange, FTSE is responsible for creating the index of over 100,000 hedge, equity, and bond funds. The group services over 75 countries worldwide, including offices in Sydney, London, Tokyo, Paris, Madrid, Frankfurt, Hong Kong, Boston, Shanghai, San Francisco, and New York.

In addition to general market data produced by FTSE, the firm establishes the FTSE 100 and FTSE 250. These organize the 100 and 250 most highly capitalized stocks in the London Stock Exchange. The indices are currently divided into six main categories which include, Responsible Investment and Governance, Fixed Income, Non-Market Cap Weighted, Global Equity, Regional and Partner, and Alternative Investment. The company runs its operations by using the income from the generation of fees for providing these services.

Rather than providing clients with financial advice, FTSE focuses on supplying individuals with objective information about the market. Data furnished by FTSE is used by investors for many reasons including asset allocation, performance measurements, index tracking funds, and investment analysis. All indices supplied by FTSE are evaluated by experienced individuals, such as senior fund managers, to avoid any judgment. If you would like to know more about the FTSE stock market you can find it by visiting their website or coming back to this blog. This website will review the happenings on the FTSE market daily with our favorite stock picks for the following day.