Standard & Poor’s and MSCI, the leading providers of global indices and benchmark-related products and services, announced today the results of their annual review of the Global Industry Classification Standard (GICS) structure. The review, conducted on an annual basis, is intended to ensure that GICS accurately
reflects the definitions of sectors and industries most relevant to the global market economy. The GICS revision is the
result of a consultation with members of the global investment community. Changes include renaming and redefining
one Industry Group, creating two Industries and seven Sub-Industries, and making significant name and definition
changes for others.
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