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FG Financial Group, Inc. Set to Join Russell Microcap® Index
ST. PETERSBURG, Fla.--(BUSINESS WIRE)-- FG Financial Group, Inc. (NASDAQ: FGF, FGFPP), is set to join the Russell Microcap® Index at the conclusion of the
About this update from Fg Nexus Inc.
[{"type":"text","content":" ST. PETERSBURG, Fla.--(BUSINESS WIRE)--\nFG Financial Group, Inc. (NASDAQ: FGF, FGFPP), is set to join the Russell Microcap® Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on June 28, 2021, according to a preliminary list of additions posted June 4, 2021.\n\nMembership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.\n\nLarry Swets, CEO of FG Financial Group, Inc., commented, “We are pleased to be added to the Russell Microcap® Index, a testament to FG Financial’s success executing on our strategy to grow long-term intrinsic value by allocating capital to asymmetrical risk/reward opportunities in both our reinsurance and SPAC businesses. Inclusion in the Russell Microcap® Index is a next step in heightening investor awareness and building shareholder value.”\n\nRussell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $10.6 trillion in assets are benchmarked against Russell’s U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider.\n\nFor more information on the Russell Microcap® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.\n\nFG Financial Group, Inc.\n\nFG Financial Group, Inc. is a reinsurance and investment management holding company focused on opportunistic collateralized and loss capped reinsurance, while allocating capital to SPAC and SPAC sponsor-related businesses. The Company’s principal business operations are conducted through its subsidiaries and affiliates.\n\nAbout FTSE Russell\n\nFTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally.\n\nFTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $17.9 tr...