Russell Investments

Individual investors

Russell Investments mutual-funds

Investment Manager Outlook
December 2012

What do investment managers think about the direction of the markets?
How to invest with Russell

Russell's Investment Manager Outlook is an ongoing survey intended to generate a meaningful snapshot of investment manager sentiment each quarter.

By providing insights into investment managers' market perspectives and opinions, this report helps investors better understand the direction of the markets and key investment trends.

Download the complete report (PDF)


Rachel Carroll, CFA, Consulting Client Executive, provides commentary in a short video.

Previous IMO

September 2012 report (PDF)

About Russell's Investment Manager Outlook

A pioneer in multi-manager investing and the creator of the Russell Indexes, Russell manages approximately $159.1 Billion* in assets. We work with clients ranging from small and mid-sized organizations to many of the world's largest and most sophisticated investors, responsible for hundreds of billions of dollars. Our innovative investment approach is made available to individuals through a network of strategic distribution alliances and independent investment advisors. Our clients include banks and insurance companies, investment advisors, defined benefit and defined contribution plans, endowments, foundations and sovereign wealth funds.

Prior to the end of each quarter, Russell polls a sample of U.S. seniorlevel investment decision makers at equity investment management and fixed-income investment management firms to collect top-line opinions about their outlook on which markets, sectors and asset classes to watch, and trends on the horizon that could impact investment strategy. The result of this survey is Russell's Investment Manager Outlook that is published during the final week of each quarter.

* As of 9/30/12

Growth investments focus on stocks of companies whose earnings/profitability are accelerating in the short term or have grown consistently over the long term. Such investments may provide minimal dividends which could otherwise cushion stock prices in a market decline. Stock value may rise and fall significantly base, in part, on investors' perceptions of the company, rather than on fundamental analysis of the stocks. Investors should carefully consider the additional risks involved in growth investments.

Specific sector investing such as real estate can be subject to different and greater risks than more diversified investments. Declines in the value of real estate, economic conditions, property taxes and tax laws and interest rates all present potential risks to real estate investments.

Copyright © Russell Investments 2011. This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investments. It is delivered on an "as is" basis without warranty.

Russell Investment Group is a Washington, USA corporation, which operates through subsidiaries worldwide, including Russell Investments, and is a subsidiary of The Northwestern Mutual Life Insurance Company.

Securities products and services offered through Russell Financial Services, Inc., member FINRA, part of Russell Investments.
For information on the Financial Industry Regulatory Authority, go to

RFS-4612. First used: December 2010.

© Russell Investments 1995-2014. All rights reserved.
Legal information.    Privacy statement.

Products and services described on this website are intended for United States residents only. Information on this site should not be considered a solicitation to buy or an offer to sell a security to any person. Persons outside the United States may find more information about products and services available within their jurisdictions by going to Russell's Worldwide site.