• Indices
  • FTSE UK Index Series (inc. FTSE 100 Index)
    • Values
    • Constituents
    • Index Rules
      • Review Process
      • Eligibility Screens
      • Corporate Events
      • Index Governance
    • Index Changes
    • Index Reviews
    • Product Specifications
    • Performance Analysis
• FTSE Real-Time Vendor Codes
• Data Licences
• FTSE Index Standards
• Student Information

Strong governance underpins the focus of FTSE indices, and ensures that FTSE indices continue to meet investors’ requirements and lead global standards in indexing. FTSE has a long history of using independent practitioner committees to assist it in defining governance standards, with the first committee being set up in 1984 to oversee the management of the FTSE 100 Index.

FTSE Index Governance

FTSE’s independent committees ensure that all FTSE indices reflect their underlying market and that the ground rules evolve to meet the highest standards of the industry. The committees’ objectives are to:

• To ensure that the indices are managed and calculated according to the Index Rules (a strict set of rules by which all FTSE indices are governed), so that they remain impartial, transparent and accurate
• To evolve the Index Rules to ensure that they continue to meet market needs
• To advise on the design and creation of new indices

FTSE committees are made up of leading investment market professionals from around the world who serve in a personal capacity. Members of the FTSE committees are chosen for their ability to provide strategic input to the development of FTSE indices. They are drawn from the ranks of asset owners, asset managers, consultants and representatives from brokers and corporate advisers. Policy Group members are typically of Chief Investment Officer level or the equivalent.

View the committee structure

Although members may be drawn from representative FTSE clients, they are invited on the basis of their personal knowledge, strategic viewpoint and integrity.

Users’ points of view can be expressed directly to FTSE and where appropriate will be referred on to the relevant committees. For items of importance users may be invited to put their point of view directly to the committee. Committees can be contacted at any time though FTSE’s Managing Director of Governance and Policy, Christopher Woods, or through the Chairman of the FTSE Policy Group, David Hobbs. Index users may also suggest senior colleagues for a position on one of FTSE's committees for consideration when there is a vacancy.

With the guidance and direction of FTSE’s independent practitioner committees, FTSE regularly consults the market on changes to the Ground Rules of its indices to ensure that the indices continue to meet investors’ requirements and define and lead global standards in indexing. Any changes to the Ground Rules of an index series, must be approved by FTSE Policy Group,