Hi,
What exactly is position in universe as appears in the stock report?
I clicked on it which often gives a description, but it just gave market cap.
I assumed it would roughly correspond with it's position in UK stocks by market cap (not exactly because of some aim stocks being of a size which would place them within the index) but it doesn't seem to work like that.
For example Hargreaves Lansdown (LON:HL.) is 100th in universe but 42nd in FTSE 100. Why the difference?
Index positions can be seen here:
http://www.stockchallenge.co.uk/
Thanks
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