Warhammer Maker Ascends to FTSE 100 Index as Retailers Drop Out
- Games Workshop, St James’s Place, Alliance Witan join FTSE 100
- Vistry, Frasers and B&M are relegated to UK midcap gauge
Players compete in a Warhammer Team Tournament in Northampton, UK.
Photographer: Oli Scarff/AFP/Getty ImagesThis article is for subscribers only.
Warhammer developer Games Workshop Group Plc and investment trust Alliance Witan Plc earned UK blue-chip status for the first time after both stocks soared to record highs.
The companies, along with wealth manager St James’s Place Plc, will be added to the FTSE 100 Index after markets close on Dec. 20, index compiler FTSE Russell said in a statement Wednesday, potentially spurring demand from so-called tracker funds. They replace homebuilder Vistry Group Plc, as well as retailers Frasers Group Plc and B&M European Value Retail SA.