Trading now on the London Stock Exchange, Euronext Amsterdam, Borsa Italiana, Virt-Ex and SWX exchange, the iShares FTSEurofirst ETFs track the performance of the largest listed pan-European companies. The FTSEurofirst index series is uniquely designed to capture the broadest available selection of European companies with minimal tracking error for both retail and institutional investors.
Mark Makepeace, Chief Executive of FTSE Group said, “The FTSEurofirst series goes from strength to strength, with an ever increasing number of institutions switching to use the indices. We are delighted that BGI has made the move to FTSEurofirst today.”
Jean-François Théodore, Chairman of the Managing Board and CEO of Euronext, said, “BGI’s decision to switch today to the FTSEurofirst series is confirming its position as the most attractive solution in terms of European indices and will certainly encourage other major European institutions to follow suit”.
Bruce Lavine, Head of iShares Europe at BGI said, “We are always looking to improve the iShares product offering to investors. The new ETFs that trade today have better pan-European exposure and therefore provide an improved product for institutional and retail investors. Additionally investors should also benefit from the existence of futures contracts on the new benchmarks.”
For more information about the FTSEurofirst series, please visit www.ftseurofirst.com.
