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GICS Changes: Introduction of the Communication Services Sector

October 2018
On September 28th the Global Industry Classification Standard (“GICS”) underwent a major structural change. The result of the change is the broadening and renaming of the Telecommunication Services sector, which is now known as Communication Services. The change is meant to acknowledge that the way people communicate, share information and entertain themselves has fundamentally changed, as a result of the convergence of technology, media and telecom. Our Rocaton Insights: GICS Changes: Introduction of the Communication Services Sector provides additional detail on this change and outlines potential implications for public equity portfolios.
 
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