Investment Manager Outlook Quarterly Tracking of Investment Manager Sentiment Key trends — September 2009 investment manager survey Welcome to Russell's quarterly Canadian Investment Manager Outlook, intended to generate a meaningful snapshot of Canadian investment manager sentiment. 3Q09 Russell Investment Manager Outlook Highlights:   65% of investment managers bullish on Canadian equities 73% of managers bullish on industrials 63% of managers bearish on bonds 66% of managers bullish on Emerging Markets Download in English Download in French Investment Manager Outlook schedule You can expect to see the latest survey results in the final week of each quarter. Canadian Investment Manager Outlook archive   June 2009 June 2009 - FRENCH March 2009 March 2009 - FRENCH December 2008 December 2008 - FRENCH June 2008 June 2008 - FRENCH March 2008 March 2008 - FRENCH December 2007 December 2007 -FRENCH September 2007 September 2007 -FRENCH June 2007 March 2007 December 2006 December 2006 - FRENCH September 2006 June 2006 March 2006 December 2005 U.S. Investment Manager Outlook archive   June 2009 March 2009 December 2008 June 2008 March 2008 December 2007 September 2007 June 2007 March 2007 December 2006 September 2006 June 2006 March 2006 December 2005 September 2005 June 2005 March 2005 December 2004 September 2004 June 2004 We define bearish as on balance, an organization's or individual's predominant view based on a belief that general market conditions for the period in question will be negative, and relative valuations of securities in general will trend downward. This view should not be considered investment advice nor does it apply to any specific security. We define bullish as on balance, an organization's or individual's predominant view based on a belief that overall market conditions for the period in question will be positive, and relative valuations of securities in general will trend upward. This view should not be considered investment advice nor does it apply to any specific security.			About the Investment Manager Outlook Prior to the end of each quarter, Russell surveys a sample of those investment managers to collect their top-line opinions about the direction of the markets, sectors/styles to watch, and trends on the horizon that could impact investment strategy. The result of this survey is the Russell Investment Manager Outlook.

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