MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, June 6, 2006 Russell Goes Global With Indexing The indexing crew at Russell Investment Group will soon start applying its methodology to global markets. On its web site Tuesday, the company that gave us the Russell 1000, Russell 2000 and Russell 3000 has explained the rationale for launching a family of fully integrated global stock indices that will cover small- and large-cap stocks in developed and emerging markets. The move, apparently, follows demand from Russell's clients in 44 companies worldwide, as well input of a U.S. client advisory board made up of plan sponsors, investment managers and institutional brokers. After analyzing non-U.S. benchmarks for years, the firm's leadership has decided it can benchmark better than others, according to an FAQ. Russell Indexes director Ron Bundy said the new benchmarks will size up the performance of investment managers just as Russell's U.S. indices do. A fuller description of the methodology will be released upon the formal launch, slated for the fourth quarter. Printed from: MFWire.com/story.asp?s=11954 Copyright 2006, InvestmentWires, Inc. All Rights Reserved |