Russell’s Transition Management Services Awarded Top Industry Honours
SYDNEY, 21 May 2009 - Russell Investments’ transition management team has been recognised by industry-leading publications for its global capabilities, concentration on risk management and continued high levels of client-focused performance and service. The transition management team received top rankings in the annual surveys conducted by PLANSPONSOR and Global Investor magazines and was named Transition Management Provider of the Year at Professional Pension’s 2009 U.K. Pensions Awards.
“This third-party recognition is meaningful because it acknowledges and raises awareness of the strong capabilities and service levels Russell provides to clients on complex, intricate transition projects involving multiple managers,” said David Rothenberg, managing director, Russell Investments.
Russell was ranked “Best in Class” by investment managers in all categories of PLANSPONSOR’s 2009 transition management survey, including pre-trade, execution, post-trade and organisation/support. “We remain completely satisfied with their services in every respect,” was a common sentiment of surveyed managers, according to PLANSPONSOR’s May 2009 issue.
For the fifth consecutive year, Russell was named one of the top firms in Global Investor’s transition management survey. Russell ranked in the top five in every regional and service category and also achieved a top-five ranking overall.
The U.K. Pensions Awards, presented by Professional Pensions, recognized the leaders in the corporate pensions industry in 28 award categories. A panel of judges named Russell Transition Management Provider of the Year based on the company’s high level of performance and innovation, its quality communication practices and service standards, and the overall benefits it provides to clients.
“Receiving these awards is an incredible testament to Russell’s transition management efforts on a global scale,” said John R. Moore, director investor services - Australasia, Russell Investments. “The honour affirms Russell’s continued strength in implementation services and acknowledges the strategic, client-focused work in which we excel.”
For more than 25 years, Russell has led the way in improving transition management practises and strategies to help clients’ maximise their assets. Russell also developed the widely-used T Standard as an objective tool that allows investors to measure the performance of their portfolio in transition.
Russell’s transition management services team operates within the Russell Implementation Services division and transitioned more than $735 billion in assets in 2008. The Russell team offers clients access to a global, multi-venue trading platform and agency expertise in specialist equity, fixed income, currency and futures teams. Across all global asset classes, Russell’s focus on dynamic access to liquidity has shown to be particularly adept at evolving with the changing market environment.
Issued by Russell Investment Management Ltd ABN 53 068 338 974, AFS Licence 247185 (“RIM”). This document provides general information only and has not been prepared having regard to your objectives, financial situation or needs. Before making an investment decision, you need to consider whether this information is appropriate to your objectives, financial situation and needs. This information has been compiled from sources considered to be reliable, but is not guaranteed. Past performance is not a reliable indicator of future performance. Any potential investor should consider the latest Product Disclosure Statement (“PDS”) in deciding whether to acquire, or to continue to hold, an investment in any Russell product. The PDS can be obtained by visiting www.russell.com.au or by phoning (02) 9229 5111. RIM is part of Russell Investments (“Russell”). Russell or its associates, officers or employees may have interests in the financial products referred to in this information by acting in various roles including broker or adviser, and may receive fees, brokerage or commissions for acting in these capacities. In addition, Russell or its associates, officers or employees may buy or sell the financial products as principal or agent. Copyright 2009 Russell Investments. All rights reserved. MKT/2055/0509