{"id":54710,"date":"2016-07-25T02:24:00","date_gmt":"2016-07-25T00:24:00","guid":{"rendered":"http:\/\/beta.next-finance.net\/innovation\/solactive-launches-uk-domestic-index\/"},"modified":"2016-07-25T02:24:00","modified_gmt":"2016-07-25T00:24:00","slug":"solactive-launches-uk-domestic-index","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/innovation\/solactive-launches-uk-domestic-index\/","title":{"rendered":"Solactive launches UK domestic Index"},"content":{"rendered":"<p>The index targets investors who are<br \/>\ninterested in the UK domestic market. The UK is the second largest market in Europe in terms of GDP and this<br \/>\nindex enables investors to focus on a basket of companies that are less dependent on international revenues.<\/p>\n<p>Other major UK-focused indices include a large number of multinational companies that are not generating<br \/>\nincome domestically. This is especially the case for listed companies in the energy and mining sectors whose<br \/>\nrevenues are mainly derived from operations outside the UK. As a matter of fact, the top 20 companies by<br \/>\nmarket cap listed on the London Stock Exchange* have an average UK-based revenue of 18%, with only one<br \/>\ncompany generating all of its income in the UK and approximately a third of them generating less than 5% of<br \/>\nthe revenues domestically. Therefore, the performance of major UK indices is influenced by companies who do<br \/>\nnot necessarily depend on the state of the UK economy for their revenue generation. The Solactive UK<br \/>\nDomestic Index instead gives investors the opportunity of being more directly exposed to the UK domestic<br \/>\nmarket.<\/p>\n<p>Henning Kahre, Head of Research, Solactive AG, commented: <em>\u201cLondon is one of the most important financial<br \/>\ncenters in the world and a listing on the LSE is therefore an attractive gateway to capital markets. That is<br \/>\nespecially true for international companies in the energy &#038; mining space that are most often not UK companies<br \/>\nin a traditional sense but that are still included in UK benchmarks due to listing. The new Solactive Index on the<br \/>\ncontrary provides investors with true exposure to the UK economy.\u201d<\/em><\/p>\n<p>The index incorporates the 50 UK listed (\u201c<em>LSE<\/em>\u201d) companies with the highest share of total revenue generated in<br \/>\nthe UK. The Solactive UK Domestic Index is equally-weighted and it is a Net Total Return index, meaning that<br \/>\ndividends are reinvested into the index after deduction of withholding tax. The composition of the index is readjusted<br \/>\nsemiannually. The index is calculated in GBP and is based on 100 index points at the close of trading<br \/>\non 17th December 2010. The index is published on Solactive website, Bloomberg (SOLUKDON Index) and<br \/>\nReuters (.SOLUKDON). RBC Capital Markets will be offering exposure to the performance of the Index through a<br \/>\nvariety of products such as swaps, notes and certificates linked to the index.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solactive AG is releasing the Solactive UK Domestic Index, an index tracking UK listed companies whose revenues are primarily generated within the UK&#8230;<\/p>\n","protected":false},"author":20,"featured_media":54708,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1471],"tags":[1655,1718,1651,1437,1691,2234,2103,1720,1952],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/54710"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=54710"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/54710\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/54708"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=54710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=54710"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=54710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}