FTSE, Research Affiliates, launch FTSE RAFI Equity Income index series

By Tali Rackner

Norfolk, Va., June 1 – FTSE Russell and Research Affiliates LLC announced the launch of the FTSE RAFI Equity Income index series, according to a press release.

The benchmarks will track high dividend-paying stocks, which are screened to target sustainable income. The indexes are weighted according to fundamental measures – as opposed to market capitalization.

According to the release, the index series builds on the success of the leading smart beta partnership between FTSE Russell and Research Affiliates, which dates back to 2005. With one of the longest track records in the smart beta industry, FTSE RAFI indexes have been widely acknowledged and adopted as the underlying foundation for a broad variety of investable products in the form of ETFs, managed accounts and mutual funds.

As of March 31, investable products linked to indexes developed by FTSE Russell and Research Affiliates have about $75 billion of AUM.

FTSE Russell is a global index provider and Research Affiliates is a smart beta strategies company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.