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Russell Global Index reconstituted with $6 trillion gain
Annual process adds 1,190 stocks to the comprehensive benchmark

Tacoma, WA — June 29, 2010 — Russell Investments has completed the annual realignment of the Russell Global Index and added 1,190 stocks to the comprehensive equity benchmark. With 10,590 stocks from 61 countries, the Russell Global Index currently shows a total market capitalization of US$40.8 trillion, which is an increase of 17% from US$34.8 trillion at this time in 2009.

The newly reconstituted Russell Global Index also shows a market capitalization range of US$283.1 billion to US$112 million (compared to US$348 billion to US$78 million at this time last year), and a median market capitalization of US$21billion, up from $20.5 billion at this time last year.

"We've seen a generally positive, but volatile market environment since last year's index reconstitution process, and it's important to capture the new reality for every sector and market segment worldwide," said Steve Wood, chief market strategist for Russell. "The newly aligned index shows that some segments of the global market have been more affected than others by recession-related volatility."

The United States led all countries with 234 stock additions to the global index, while Canada ranked second with 110. The Canadian market showed a relatively strong gain within the global benchmark with a market capitalization increase of 22% to US$1.6 trillion from this point last year.

The top 10 markets in terms of stock additions to the index also included Hong Kong (90), India (89), Australia (74), Taiwan (66), Japan (64), China (57), the United Kingdom (51) and South Korea (44). (Combining Hong Kong, Taiwan and China, the Russell Greater China Index received 213 newly eligible stocks.) The list of additions for the global index included 45 initial public offerings that came to market during the second quarter, substantially more than the 14 IPOs added at this time in 2009.

A stock's addition to the Russell Global Index, which covers 98% of the investable global market, means automatic inclusion into several sub-component indexes. For example, a small-cap stock in China also is added to the Russell Emerging Markets Index, Russell Asia Pacific Index and Russell Global Small Cap Index, among others, as well as the related value or growth style indexes.

"Looking at countries represented in the index in terms of market capitalization, only Singapore dropped off the top-20 list, and it was replaced by the Netherlands. Countries with the largest weighting in the newly adjusted index are the United States (43.8%), Japan (8.5%), United Kingdom (6.9%), Canada (4.5%) and France (3.5%).

Four countries are no longer represented in the index as a result of this year's reconstitution process: Argentina, Bulgaria, Lithuania and Sri Lanka. Additionally, the following five countries which lost representation last year did not see any stocks move back into the index: Latvia, Pakistan, Slovakia, Ukraine and Vietnam.

Sectors with the largest weighting in the newly realigned index are financial services (22%), technology (11.7%), producer durables (11.2%), consumer discretionary (11.2%) and energy (10.3%). Among the 1,190 additions, the materials & processing sector led with 199 stocks on the list. It was followed closely by financial services (182) and technology (179).

"The annual index reconstitution process is an essential part of providing truly representative equity benchmarks for investors who want to better gauge the performance of their stock portfolios or retirement plans," said Wood.

Russell's innovative index design includes annual reconstitution, float-adjusted market capitalization, multi-factor style analysis, and objective and transparent rules. Altogether, Russell's industry-leading indexes account for about $3.9 trillion in assets benchmarked, as of December 31, 2009.

About Russell
Russell Investments provides strategic advice, world-class implementation, state-of-the-art performance benchmarks and a range of institutional-quality investment products. Russell has more than $179 billion in assets under management as of March 31, 2010, and serves individual, institutional and advisor clients in more than 40 countries. Founded in 1936, Russell is a subsidiary of The Northwestern Mutual Life Insurance Company.

Contacts:
Steve Claiborne, 206-505-1858




Russell Investments is the owner of the trademarks, service marks and copyrights related to its indexes.

Russell's indexes are unmanaged and cannot be invested in directly.

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. Founded in 1936, Russell is a subsidiary of The Northwestern Mutual Life Insurance Company.

Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.

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