WebMar 15, 2024 · US equities: GICS sector changes. S&P Dow Jones and MSCI will make changes to the Global Industry Classification Standard (GICS) structure after the close … WebThe Global Industry Classification Standard (GICS®) was developed by MSCI and Standard & Poor’s in 1999 to provide a universal, reliable, flexible and evolutionary investment tool. GICS Direct, a joint product of Standard & Poor’s and MSCI, was introduced in 2001. GICS Direct provides the industry classification for more than 26,000
S&P DOW JONES INDICES AND MSCI ANNOUNCE REVISIONS TO …
WebNew GICS Changes Are Coming in 2024. In late March, S&P Dow Jones Indices and MSCI Inc. announced changes to the Global Industry Classification Standard structure, which will go into effect next year and … WebSep 12, 2024 · So, GICS codes matter: for those companies affected, the structural changes could have a significant impact on assessments by ISS of their executive compensation programs. The changes will be effective on September 28, 2024. According to the press release, the changes involve communications and media companies as well … feds rate change
REVISIONS TO THE GLOBAL INDUSTRY …
WebMar 15, 2024 · The biggest changes will be a reduction in the Information Technology (IT) sector weight (-3.2%), with the balance heading to Financials (2.7%) and Industrials (0.5%). It also identified the changes in industry groups, industries and sub-industries. A second blog ( 2024 GICS Change: S&P 500 ® Impact Analysis) dug deeper into the impact on … WebThe Real Estate Sector is the first new headline sector added since GICS® was created in 1999. The change reflected the growth in size and importance of real estate, primarily equity REITs, in the economy. Over the past 25 years, the total equity market capitalization of listed U.S. equity REITs has grown from $9 billion to more than $1 trillion. WebJan 7, 2024 · In 1999, the Global Industry Classification Standard (GICS) was developed by MSCI in collaboration with S&P Dow Jones Indices to provide an efficient, detailed and flexible tool for use in the investment process. feds raising rates 2023