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

Naturgy Ownership Reshuffle Deepens – Index Weight and Flows Poised to Rise Further

Naturgy: From Overhang to Index Weight Expansion

Naturgy: Auto-OPA Arbitrage Outcomes and Path to Index Reweighting

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>Naturgy’s float now stands at 18.6% with re-inclusion into a major index confirmed; €150–250M in tracker flows expected by Feb 2026.</li>
<li>Liquidity metrics now well above thresholds, with September ADTV at €15.2M, ensuring long-term compliance.</li>
<li>Passive inflows of €150–250M expected by February 2026; increased ETF demand may tighten spreads, raise visibility, and shift borrow dynamics as short availability potentially declines.</li>
</ul>


Naturgy’s float now stands at 18.6% with re-inclusion into a major index confirmed; €150–250M in tracker flows expected by Feb 2026.
Liquidity metrics now well above thresholds, with September ADTV at €15.2M, ensuring long-term compliance.
Passive inflows of €150–250M expected by February 2026; increased ETF demand may tighten spreads, raise visibility, and shift borrow dynamics as short availability potentially declines.


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