{"id":970,"date":"2024-11-30T05:34:57","date_gmt":"2024-11-30T05:34:57","guid":{"rendered":"https:\/\/chasebelgrave.com\/index.php\/2024\/11\/30\/a-ftse-shake-up-is-coming-but-not-in-the-way-we-want\/"},"modified":"2024-11-30T05:34:57","modified_gmt":"2024-11-30T05:34:57","slug":"a-ftse-shake-up-is-coming-but-not-in-the-way-we-want","status":"publish","type":"post","link":"https:\/\/chasebelgrave.com\/index.php\/2024\/11\/30\/a-ftse-shake-up-is-coming-but-not-in-the-way-we-want\/","title":{"rendered":"A FTSE shake-up is coming \u2013 but not in the way we want"},"content":{"rendered":"<p>The FTSE All-Share index has seen a positive year so far, with a gain of over 10 per cent. Amid concerns about the UK market&#8217;s health, potential changes to the index are on the horizon. However, the most high-profile candidates for inclusion may not make the cut.<\/p>\n<p>Unilever&#8217;s potential ice cream spin-off is expected to be a Dutch affair, while fast fashion seller Shein and French broadcast giant Canal+ are considering IPOs. These developments could shake up the market, especially if rumors of ITV takeover interest materialize.<\/p>\n<p>Despite these potential additions, current listing rules may prevent these businesses from qualifying for the FTSE indices. Instead, mid-cap companies like Oxford Nanopore and Deliveroo, as well as possibly a large-cap like Wise, are poised for inclusion due to the FCA overhauling its listing rules.<\/p>\n<p>Deliveroo could replace Just Eat Takeaway, which left the UK market for its Amsterdam listing in 2021. The turnover in the market reflects a dynamic environment that is necessary for growth. However, the UK market has seen a decrease in the number of smaller index shares over the past year.<\/p>\n<p>To address this issue, initiatives such as the Pisces exchange for trading private companies are being launched to boost the IPO pipeline. The government&#8217;s efforts to encourage London listings, including meeting with unquoted &#8216;unicorns,&#8217; aim to stimulate market activity.<\/p>\n<p>Despite these initiatives, the UK market faces challenges in attracting funds and investors. The FTSE&#8217;s performance, while positive, lags behind the S&#038;P 500 and other global markets. Speculation about potential tariffs and trade wars adds to the uncertainty, with opinions divided on the potential impact on the UK economy.<\/p>\n<p>In the face of global economic uncertainties, domestic large-caps tend to perform well during times of market stress. While a trade war could dampen global growth and IPO activity, it may also redirect focus and investment towards UK shares.<\/p>\n<p>Overall, policymakers are working to address these challenges and uncertainties. In the short term, a significant event may be needed to shift the spotlight back to UK shares and stimulate market activity. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The FTSE All-Share index has seen a positive year so far, with a gain of over 10 per cent. Amid concerns about the UK market&#8217;s health, potential changes to the index are on the horizon. However, the most high-profile candidates for inclusion may not make the cut. Unilever&#8217;s potential ice cream spin-off is expected to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":971,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[26,1409,1410],"class_list":["post-970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opinion","tag-coming","tag-ftse","tag-shakeup"],"_links":{"self":[{"href":"https:\/\/chasebelgrave.com\/index.php\/wp-json\/wp\/v2\/posts\/970"}],"collection":[{"href":"https:\/\/chasebelgrave.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chasebelgrave.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/chasebelgrave.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/chasebelgrave.com\/index.php\/wp-json\/wp\/v2\/comments?post=970"}],"version-history":[{"count":0,"href":"https:\/\/chasebelgrave.com\/index.php\/wp-json\/wp\/v2\/posts\/970\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/chasebelgrave.com\/index.php\/wp-json\/wp\/v2\/media\/971"}],"wp:attachment":[{"href":"https:\/\/chasebelgrave.com\/index.php\/wp-json\/wp\/v2\/media?parent=970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chasebelgrave.com\/index.php\/wp-json\/wp\/v2\/categories?post=970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chasebelgrave.com\/index.php\/wp-json\/wp\/v2\/tags?post=970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}