Sentiment on the mid cap area of the market remains positive despite the upcoming rebalance which is...
Sentiment on the mid cap area of the market remains positive despite the upcoming rebalance which is likely to see a number of technology firms drop back into the smaller companies index. John Hatherly, head of global analysis at M&G, says negative investor sentiment towards technology is likely to be reflected in the FTSE 250 rebalance in December, with a high proportion of those expected to leave the index to be technology-oriented companies. He says: "The FTSE 250 currently has an 8% weighting in technology, which will be diluted into the small cap index. This will only affect tracker...
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