Measuring the Impact of Brexit on UK Companies
The Brexit 50/50 Indices are designed to act as barometers for assessing how Brexit is impacting UK companies by analysing the difference in performance between those companies that generate a large portion of their revenues from the UK compared to those that have less revenue exposure to the UK.
Analysing Performance by UK Revenue Exposure
We partnered with FactSet, a global provider of integrated financial information, analytical applications, and industry-leading services, to create the new Brexit 50/50 indexes. The indexes, which are calculated in real-time, utilise FactSet’s Geographic Revenue Exposure (GeoRev™) data to normalise and geographically analyse where UK-listed companies generate their revenues.
To create the indexes, the constituents of the Cboe UK 100 Index (BUK 100), which tracks the top 100 UK-listed companies based on market capitalisation, were split into two groups – those with the largest and smallest proportion of GBP revenues.
|Cboe UK Brexit High 50
||Comprised of the 50 companies in the Cboe 100 UK Index that derive the largest portions of their revenues from the UK.
|Cboe UK Brexit Low 50
||Comprised of the 50 companies in the Cboe 100 UK Index that derive the smallest portions of their revenues from the UK.
Standardised Format with Benchmarks
The Brexit 50/50 indexes are managed under the same rules and methodologies used for all the benchmark indices so can be compared accurately with all of Cboe Europe national market and sector benchmarks.