European Event-Driven Analyst

Jesus Rodriguez Aguilar

Jesús is an Insight Provider (Event-driven) on the Smartkarma network, where he looks across sectors at opportunities arising from securities mispricing (both credit and equity), share classes, bid announcements, prospective bids, and special situations. He has served as Economic and Business Advisor at the Spanish Congress in Madrid. Prior to that, he has worked in the City of London: as a Credit Analyst at Bloomberg; Event-driven associate at former boutique European Research; and doubled as Special Situations and Equity-linked VP (convertible bonds) at Merrill Lynch. Jesús has an MBA from the London Business School, a BA (Hons.) degree in Economics from the Complutense University in Madrid, and a BA (Hons.) in Law from U.N.E.D., also in Madrid.

Naturgy Index Re-Entry Confirmed – €250M Passive Flows Incoming

Naturgy: Accelerated Placement Clears MSCI Float Hurdle – Index Re-Entry Now Within Reach

Naturgy Clears MSCI Liquidity Test – Final Float at 18.6%, Passive Flows in Sight

Index Rebalance

Naturgy Energy Group SA / Index Rebalance

<ul>
<li>Float jumps to 25.8% after BlackRock’s €1.7B placement, structurally securing Naturgy’s MSCI and Ibex index eligibility ahead of February 2026 rebalancing.</li>
<li>3-Month ADTV hits €37.2M, up &gt;150% YoY, positioning Naturgy for higher index weights and improved liquidity metrics in both MSCI Europe and EMU benchmarks.</li>
<li>Dividend yield of 7.3%–7.8% at €24.75 offers downside support, while €150–250M in expected passive flows provide near-term catalysts into Q1 2026.</li>
</ul>


Float jumps to 25.8% after BlackRock’s €1.7B placement, structurally securing Naturgy’s MSCI and Ibex index eligibility ahead of February 2026 rebalancing.
3-Month ADTV hits €37.2M, up &gt;150% YoY, positioning Naturgy for higher index weights and improved liquidity metrics in both MSCI Europe and EMU benchmarks.
Dividend yield of 7.3%–7.8% at €24.75 offers downside support, while €150–250M in expected passive flows provide near-term catalysts into Q1 2026.


Naturgy Float Surges to 25.8% – Index Weight and Passive Flows Set to Rise