FTSE: The inside story of the deals, dramas and politics that revolutionized financial markets

FTSE has become a byword for money, power, influence, and trust, thanks to FTSE International's organization. It is a story of how capitalism globalized and a data revolution transformed the investment industry, and how a team of innovators seized an opportunity to build a business that today leads its field and guides the fortunes of $16 trillion of funds.

Format: Paperback / softback
Length: 304 pages
Publication date: 03 February 2022
Publisher: John Murray Press

FTSE has become a byword for money, power, influence, and trust, reflecting the globalized nature of capitalism and the transformative impact of the data revolution on the investment industry. Founded by Mark Makepeace, FTSE International has played a pivotal role in bringing order to the financial system over several decades. This organization's story is a testament to how capitalism has globalized and how a team of innovators seized an opportunity to build a business that today leads its field and guides the fortunes of an astonishing $16 trillion of funds.

FTSE's journey begins with the birth of the FTSE 100, a benchmark index that tracks the performance of the top 100 companies listed on the London Stock Exchange. The index was created in 1984 by the Financial Times and Standard & Poor's, and it quickly gained popularity among investors worldwide. Over the years, FTSE has faced numerous challenges and controversies, including behind-the-scenes rows with chief executives of some of the world's largest companies, political in-fighting, diplomatic incidents, and the ferocious dealmaking that followed over 35 years of market boom and bust.

One of the key milestones in FTSE's history was the decision to expand its coverage beyond the UK and into other European markets. In 1993, FTSE launched the FTSE 250, which tracked the performance of the top 250 companies listed on the London Stock Exchange. This expansion allowed FTSE to become a global index, providing investors with a broader perspective on the European economy.

FTSE's influence extended beyond the financial world. The index has become a symbol of the UK's economic strength and a barometer of the global stock market. It is widely used by investors, policymakers, and financial institutions to measure the performance of markets and make investment decisions. FTSE's reputation for accuracy and reliability has earned it a place in the hearts of investors worldwide.

In recent years, FTSE has faced new challenges, including the rise

In recent years, FTSE has faced new challenges, including the rise of alternative investment indices and the increasing competition from other global stock market indices. However, FTSE has remained committed to its mission of providing investors with a comprehensive and reliable benchmark for the global stock market. The organization has continued to innovate and adapt to changing market conditions, introducing new indices and methodologies to better reflect the evolving landscape of the investment industry.

FTSE's story is a testament to the power of innovation, collaboration, and determination. It is a story that should inform and fascinate anyone interested in capital markets. Sir Donald Brydon, CBE, has played a pivotal role in shaping FTSE's history and has been a driving force behind the organization's success. His vision and leadership have helped FTSE become a global leader in the investment industry, and his legacy will continue to inspire future generations of investors and financial professionals.

In conclusion, FTSE has become a byword for money, power, influence, and trust, reflecting the globalized nature of capitalism and the transformative impact of the data revolution on the investment industry. Founded by Mark Makepeace, FTSE International has played a pivotal role in bringing order to the financial system over several decades. This organization's story is a testament to how capitalism has globalized and how a team of innovators seized an opportunity to build a business that today leads its field and guides the fortunes of an astonishing $16 trillion of funds. FTSE's influence extends beyond the financial world, and its reputation for accuracy and reliability has earned it a place in the hearts of investors worldwide. As the investment industry continues to evolve, FTSE will remain a trusted source of information and guidance for investors and financial professionals alike.

Weight: 300g
Dimension: 136 x 214 x 32 (mm)
ISBN-13: 9781529398960