Investors are bracing for one of the busiest trading sessions of the year on Friday as the annual reconstitution of FTSE Russell's indexes takes effect, prompting fund managers to realign portfolios and generating an estimated $150 billion in trading activity, according to Reuters.
This year's reshuffle marks a significant departure from tradition. For the first time in more than three decades, the Russell indexes will undergo reconstitution twice annually, in June and December, instead of the customary single update. The move is expected to improve the efficiency of index adjustments and better reflect evolving market dynamics.
