An indexing error by S&P Dow Jones Indices led to losses for a number of ETF investors after it failed to remove Carillion in December 2017 from one of its indices.
The S&P UK High Yield Dividend Aristocrats index should have cut Carillion in its December rebalance, however, this did not take place. The construction company issued three profit warnings since last...
'Following the letter, but not the spirit, of the rules'
Tech giant still stands out
Reduces chances of rate hike
Designed to park short-term cash