Having grown from a family brokerage firm established in 1936, the role of Russell in financial markets has evolved over time, as new opportunities were identified and client needs changed. Below are a few of the Russell innovations we have developed over the years which help you get more out of your super and investments.
We developed the first manager research and consulting business as a result of identifying the benefit of using academic research in the investment process. This model was replicated throughout the industry.
It was Russell that first identified the need to diversify across a range of investment managers who specialise in different asset classes, styles and sectors, in order to produce consistent long-term returns for our investors. We brought together our research and consulting capabilities to identify and select best-of-breed investment managers from around the world and put them to work in our multi-manager funds.
The ‘Nirvana’ annual member statement was designed to make it easier for our members to understand their super. The statement was an industry first and received an award from the Association of Superannuation Funds of Australia (ASFA) for “Excellence in Member Communications”. The judges agreed that it set a new benchmark for the industry.
Then, as a result of the Better Super legislation changes, Russell took the opportunity to develop a unique solution to assist those members who were looking to transition to retirement in the most tax-effective way. The Russell Private Active Pension – the first fully integrated super, pension and banking solution – was a finalist in the SuperRatings ‘Best New Product’ category in 2009 and more recently was a finalist in the 2011 SuperRatings ‘Best Pension Product’ category.
We recently launched a next generation exchange traded fund (ETF) to the Australian market. When our investors asked for income-seeking investments, we developed the Russell High Dividend Australian Shares ETF, a diversified Australian share portfolio that aims to deliver higher than average after-tax dividends.
Our innovations have come to define many of the practices that are now standard in the investment world today. As we identify opportunities, Russell will continue to develop ground-breaking solutions to help you achieve a better retirement outcome.