FTSE Rolls Out Frontier Index
Index provider FTSE Group has extended its Global Equity Index Series to include coverage of the frontier markets, alongside its existing developed and emerging markets.
The FSTE 50, a new index that begins calculating today, is FTSE's first index to be created from an eligible universe of 23 new frontier markets. These markets include Bahrain, Bangladesh, Botswana, Croatia, Lithuania, Qatar, Slovakia, Sri Lanka, Tunisia and Vietnam.
FTSE's Frontier indices are integrated into the same market classification framework that's currently in place for developed and emerging designations. This approach provides a single transparent structure to help investors manage their exposure to international markets.
Full index information is available here.