Technical reasons mean tracker funds are unlikely to feel much from the decimation of the gaming sector this week.
Shares in both Partygaming and 888 Holdings fell sharply, wiping billions of pounds off their combined market value after news the US is set to ban online gambling. The six-strong Edinburgh Tracker Team at Aberdeen Asset Management is predicting both will fall out of their respective FTSE indices as soon as next week, if not by 6 December, when the next quarterly review of FTSE indices takes place. Gary Jones, investment manager at Aberdeen Asset Managers, says the FTSE 100 will change earlier than December’s review because of a business split involving constituent GUS taking place on...
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