US-EU Index & Corporate Actions Analyst, ORTEX

Harry Kalfas

Index Rebalance professional with expertise in assessing the impact of Corporate Actions on major U.S., EU, and global indices. Specialized in forecasting index adjustments driven by Mergers & Acquisitions, Spin-offs, IPOs, and Equity Offerings, as well as analyzing shareholder structures and calculating free float. Assessed capital flows and capital invested in major equity indices. All forecasts and analyses are derived from publicly available, reliable sources, including exchange filings, regulatory disclosures, company announcements, and ETFs, without the use of index data. Producing forecasts for both scheduled and unscheduled index rebalances while providing insights into key aspects of Corporate Actions throughout their lifecycle.

US-EU Index & Corporate Actions Analyst

Boston Scientific to Acquire Penumbra: $14.5B Deal Triggering Significant Index Flows

Cross-Border Merger of Akzo Nobel and Axalta Creating $25B Group: Big US and EU Index Flows Expected

Aptiv Spins Off Versigent: US and Global Index Implications Triggered

Global Financial Data and Analytics Platform

ORTEX

ORTEX is a global financial data and analytics platform providing real-time securities lending and short interest data, index rebalance data, holdings and insider transactions, trading signals, corporate actions and news,  stock machine learning and factor scores and other analytics. The majority of the data are downloadable and accessible through APIs.

Index Rebalance

<ul>
<li>
<a href="https://www.smartkarma.com/entities/zurich-insurance-group-ag-6200ef7e-59a6-4d82-87df-6dfcaec68274" target="_blank" data-smartkarma-citation="entities:27910:1" rel="noopener">Zurich Insurance Group (ZURN SW)</a> has agreed to acquire <a href="https://www.smartkarma.com/entities/beazley-plc" target="_blank" data-smartkarma-citation="entities:21835:1" rel="noopener">Beazley (BEZ LN)</a> in an all-cash transaction, with Beazley shareholders receiving 1,310 pence per share.</li>
<li>Nuveen has agreed to acquire <a href="https://www.smartkarma.com/entities/schroders-plc" target="_blank" data-smartkarma-citation="entities:22134:1" rel="noopener">Schroders (SDR LN)</a> in an all-cash transaction, with the two deals expected to become effective at the same time on October 1, 2026.</li>
<li>BEZ and SDR will be removed from UK and European indices, with significant passive demand expected for their intra-quarter replacements in UK Top 100 and Europe Top 600.</li>
</ul>



Zurich Insurance Group (ZURN SW) has agreed to acquire Beazley (BEZ LN) in an all-cash transaction, with Beazley shareholders receiving 1,310 pence per share.
Nuveen has agreed to acquire Schroders (SDR LN) in an all-cash transaction, with the two deals expected to become effective at the same time on October 1, 2026.
BEZ and SDR will be removed from UK and European indices, with significant passive demand expected for their intra-quarter replacements in UK Top 100 and Europe Top 600.


Zurich-Beazley and Nuveen-Schroders Deals Near Completion, UK & European Index Replacements Ahead