On Holding Not Added to Russell 1000; Brookfield Eyes U.S. Indices

Published 7 hours agoONON

On Holding Not Added to Russell 1000; Brookfield Eyes U.S. Indices

As of May 24, 2025, On Holding has not been confirmed to have joined the FTSE Russell 1000 Index alongside Brookfield Asset Management. The last reconstitution of the Russell US Indexes took place in June 2024, adding 38 companies to the Russell 1000, but On Holding was not among these additions, according to the London Stock Exchange Group.

Brookfield Asset Management has been motivated to secure inclusion in U.S. indices to enhance stock liquidity and widen its shareholder base. In a strategic move to boost its presence in the U.S. financial markets, the Canadian-American firm announced its decision to relocate its headquarters to New York City in September 2024, as reported by the Financial Times.

On Holding, a Swiss company known for its performance sportswear, has been growing significantly since its initial public offering in 2021. While its market expansion continues, its inclusion in the Russell 1000 Index has not yet materialized. The rules-based selection for the index hinges on several criteria, including market capitalization, and will be revisited during the next reconstitution scheduled for June 2025, as stated by FTSE Russell.

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