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Standard & Poor’s announce that the S&P/MIB Index Committee has announced that as at the March 2007 re-balancing of the S&P/MIB Index a capping level of 15% will be applied to the largest stocks on the index. This measure has been put in place to minimize the concentration of the largest stocks in the index.
Further to this the Index Committee is to implement a consultation process in November and December to discus whether any further capping should be introduced and how this should be implemented.
The consultation will be in the form of a publicly available 'questionnaire paper' as well as meetings with stakeholders. To register interest in being involved in the consultation process, please contact index_services@standardandpoors.com
