Survey of Pension Fund Consultants: Russell Leads the Industry for Total Assets Represented (Russell.com)

Survey of Pension Fund Consultants
Russell Leads the Industry for Total Assets Represented

TACOMA, Wash. — June 24, 2003 — Russell's pension fund consulting business ranks first in the financial services industry for total assets represented annually, according to a new survey by Thompson Nelson Information.

The 2003 Pension Fund Consultant Survey ranks firms by assets represented, number of client relationships and average sponsor asset size. The survey focuses on the 205 consulting firms which offer traditional consulting services. In order to be eligible a firm must provide consulting services such as traditional asset allocation, performance measurement and manager search services.

Russell advises clients worldwide representing more than $1.6 trillion in assets*, which is $400 billion more than the second-ranked firm. The company's consultants provide about 400 clients with a wide range of asset advisory services.

"This recognition from the Nelson survey reflects Russell's broad influence in the institutional investment community," said Monica Butler, managing director of Russell's U.S. consulting group. "We've been fortunate to work with and guide so many of the large investment funds to add value where they need it."

Frank Russell Company, a global leader in multi-manager investment services, provides investment products and services in more than 35 countries. Russell manages $76 billion in assets and advises clients worldwide representing over US$1.6 trillion. Founded in 1936, Russell is a subsidiary of Northwestern Mutual and is headquartered in Tacoma, Wash., with additional offices in New York, Toronto, London, Paris, Singapore, Sydney, Auckland and Tokyo.

Contact: Steve Claiborne, 253-594-1858

* Consulting assets vary over time due to market conditions. Russell figures listed by Thompson Nelson Information were based on total consulting assets as of Dec. 31, 2002. For survey details, go to www.marketplaceweb.com.

Frank Russell Company, a Washington, USA corporation, operates through subsidiaries worldwide. RC3002