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FTSE Group (FTSE), the global index provider, has today enhanced the FTSE APCIMS Private Investor index series with the addition of hedge fund and commercial property holdings using the FTSE Hedge Index and the FTSE UK Commercial Property Index. In doing so, this brings together FTSE’s expertise in equity, fixed income, hedge, property, and cash benchmarking.
The FTSE APCIMS Private Investor Index Series provides investors with an objective, multi-asset benchmark against which they are able to measure their investment portfolios as it represents performance for growth-oriented, income and balanced investors, and incorporates returns from FTSE indices representing UK equities, foreign equities, fixed income, cash, and for the first time, hedge funds and commercial property.
Launched in 1997, FTSE APCIMS Private Investor index series originally incorporated returns from the FTSE All-Share Index, FTSE World ex UK Index, FTSE Gilts All-Stocks Index, and Cash on deposit.
The FTSE/APCIMS Advisory Committee has for the past three years watched the steady increase in alternative investments used in these portfolios, and has concluded that hedge funds and UK commercial property have become a standard part of many portfolios and so should be reflected in the index series alongside equity, bonds, and cash.
“FTSE is committed to providing best practice indexing services to meet market requirements through our broad capabilities across a range of asset classes,” Mark Makepeace, Chief Executive, FTSE Group said. “The FTSE APCIMS Private Investor indices are seen not only as an indicator of performance, but also as an indicator of the future direction of this particular area of the market. The inclusion of both hedge funds and UK property represents by far the biggest change to the structure of these indices since their original launch. ”
The FTSE APCIMS Private Investor index series design is based on FTSE’s world class index standards. The indices are transparent and free float adjusted. Further information on the FTSE APCIMS Private Investor index series is available at http://www.ftse.com/apcims.
