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FTSE International launches global indices

FTSE International has launched a fresh attack on Dow Jones in its continuing war over global domination of world stockmarket indices.

To counteract Dow Jones&#39 launch of its Titans index based on the largest 50 companies in the world earlier this year. FTSE International has responded by launching the FTSE Multinationals and FTSE Global 100 indices.

The indices were devised by FTSE with Bacon & Woodrow and Barclays Global Investors.

The FTSE Multinationals consists of 480 top companies, while the Global 100 is based on the top 100 companies based on the proportion of sales a company achieves from outside its own region.


Find directory launches brochure request service

Financial services website is launching an on-line brochure request service linked to its site.The new service allows users of the internet directory to request product brochures directly from a number of different financial services by a simple e-mail request.The service also has several other enhancements including &#34website of the week&#34 featuring sites that are […]

August investment fund sales up over year but down on July

Gross investment fund sales for August 1999 were up 25 per cent over the same period last year according to the latest figures from the Association of Unit Trusts and Investment Funds.It latest figures reveal gross sales of £2.9bn compared to £2.3bn the previous year. But these were down 20 per cent compared to the […]

Fleming offers free share exchange

Fleming Investment Trust Management is offering to waive its normal share dealing charge for UK listed companies if the proceeds are re-invested into its Mid Cap Investment Trust.The special offer is available until December 10 and allows investors to save £12.50 when selling their UK shares.Fleming manager Debbie Cash says: &#34The share exchange offer is […]

Leeds & Holbeck launches two year fixed rate loan

Leeds & Holbeck Building Society is launching a two year fixed rate mortgage.The rate is fixed at 5.74 per cent until January 1, 2002 for loans up to 90 per cent loan to value. This rate increases to 5.98 per cent if the society&#39s Homecover insurance is not taken.The loan which carries a £295 administration […]


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