FTSE and IDFC build on infrastructure


Index provider FTSE Group and Indian specialist Infrastructure Development Finance Company have launched the FTSE IDFC India Infrastructure Index Series.

The series provides access to performance from Indian companies that generate the majority of their revenue from infrastructure and are listed on the National or Bombay Stock Exchanges. It is designed to underpin the creation of index-tracking funds and structured products. "There is interest in creating an ETF issuance on this index and several

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