Russian firms ejected by FTSE Russell

Two trusts promoted to FTSE250

Kathleen Gallagher
clock • 1 min read

FTSE Russell has ejected four Russian firms from its indices, including Evraz, which Russian billionaire and oligarch Roman Abramovich has a 29% stake in.

The other three companies removed are Polymetal International, Petropavlovsk and Raven Property Group. As a result of the ejections, two investment trusts, NB Private Equity Partners and Standard Life Private Equity Trust, will be promoted from the FTSE UK Small Cap index and added to the FTSE 250 index. Quilter stops third-party managers investing in Russia and Belarus FTSE Russell said these decisions were a result of feedback from FTSE Russell's external advisory committees and "a range of market participants" who said the ability to buy or sell shares was "severely restricted" ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

IFAs look to boost clients' private markets exposure

IFAs look to boost clients' private markets exposure

Expect increase in stock market volatility

Jen Frost
clock 02 July 2025 • 2 min read
Winds of change: Private markets access for retail investors

Winds of change: Private markets access for retail investors

Investing in LTAFs, accessibility aside, needs careful consideration

Dorian Hughes
clock 02 July 2025 • 5 min read
Stock pickers call for caution over rapid return to US equities

Stock pickers call for caution over rapid return to US equities

Quilter's WealthSelect boosts fixed income and reduces equity exposure

Linus Uhlig
clock 01 July 2025 • 1 min read