FTSE International's introduction of capped FTSE 100 and FTSE All-Share indices next month has been applauded by industry figures, but their support is not unreserved.

The new indices are a response to the stock market behemoth created by the mega-merger of Vodafone AirTouch, the mobile telephony giant, with  Mannesmann, the German telecoms company.

Nicholas Lockley

Vodafone

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FTSE launches capped indices

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