FTSE Russell launches gender diversity indices

Becoming an allocation criteria for investors

FTSE Russell has launched a series of 'Women on Boards Leadership' indices to aid investors when factoring their portfolios by gender diversity.

Investors are increasingly taking diversity and social impact into consideration when selecting a company to invest in. The indices will re-weight the FTSE All-Share, excluding investment trusts, and Russell 1000 companies according to the proportion of women on their boards and the firms' record on social impact measures.  Lyxor unveils first gender-equality ETF Companies in the FTSE 350 index have a target to achieve 33% female representation on the boards of constituent companies by 2020. FTSE Russell said there had been only "minimal" changes to the weighting of the largest ...