Russell Investments sets 2012 index reconstitution schedule
Leading family of global equity market benchmarks remains a highly accurate market proxy for global investors and reflects the changing nature of global markets
Seattle, WA March 01, 2012 Global asset manager Russell Investments announced today the 2012 schedule for its annual index reconstitution process, which will capture and reflect the past year's global equity market shifts to ensure that investors continue to have the most accurate market proxy.
In keeping with its transparent, rules-based process, Russell will post lists of preliminary additions and deletions for the Russell Global Index, U.S. broad market Russell 3000® Index and Russell Microcap® Index on its website after the U.S. market closes on Friday, June 8, 2012. Updated lists, if necessary, will be posted at the same location on June 15th and June 22nd. Membership changes to Russell's comprehensive family of global market indexes will take effect as the markets close on Friday, June 22nd.
"For investors focused on constructing and managing multi-asset portfolios in a dynamic market environment, it is important to have high quality tools to better understand capital markets and identify opportunities. Our annual index reconstitution process systematically captures the rapidly changing global equity markets through a time-tested, objective and rules-based approach," said Rolf Agather, managing director of global research and innovation for Russell Indexes. "This rebalance allows our family of global indexes to adjust to the dynamic global markets, resulting in a highly accurate and relevant measure of current global market capitalization and performance for our clients."
|2012 Russell Indexes Reconstitution Schedule
||Preliminary list of additions and deletions for the Russell 3000®, Russell Microcap® and Russell Global Indexes
||Preliminary membership updates
||Final additions and deletions
||Final List posted for Russell Global Indexes and leading U.S. benchmarks Russell 1000®, Russell 2000®, Russell 3000®, Russell Midcap® and Russell Microcap® Indexes.
Russell is a pioneer and leader in equity market indexes for investors, with $3.9 trillion in investment assets and 98% of the investment market globally benchmarked to its indexes. Russell's core expertise in investment consulting and portfolio implementation is the foundation for its index construction and the transparent rules-based methodology of the Russell Global Index family offers investors exposure to the true performance of different segments and asset classes of the market. Russell remains a pioneer in the evolving index world, creating indexes that expand beyond traditional market capitalization approaches while retaining a rules-based and objective composition. Russell's family of global indexes is an important part of Russell's unique set of core capabilities.
You can find out more about Russell Indexes and the annual index reconstitution on the Russell website.
About Russell Investments
Russell Investments (Russell) is a global asset manager and one of only a few firms that offer actively managed, multi-asset portfolios and services that include advice, investments and implementation. Working with institutional investors, financial advisors and individuals, Russell's core capabilities extend across capital markets insights, manager research, Indexes, portfolio implementation and portfolio construction.
Russell has about $141 billion in assets under management (as of 12/31/11) and works with 2,300 institutional clients, more than 500 independent distribution partners and advisors, and individual investors globally. As a consultant to some of the largest pools of capital in the world, Russell has $2 trillion in assets under advisement (as of 6/30/11). It has four decades of experience researching and selecting investment managers and meets annually with more than 3,000 managers around the world. Russell traded $1.5 trillion in 2010 through its implementation services business. The Russell Global Indexes calculate over 50,000 benchmarks daily covering 85 countries and more than 10,000 securities.
Russell is headquartered in Seattle, Washington, USA and has offices in Amsterdam, Auckland, Beijing, Chicago, Dubai, Frankfurt, London, Melbourne, Milan, New York, Paris, San Francisco, Seoul, Singapore, Sydney, Tokyo and Toronto. For more information about how Russell helps to improve financial security for people, visit www.russell.com or follow us @Russell_News.
Tim Benedict, 212-702-7823
Michael Gelormino, 212-909-4780
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.
Russell's indexes are unmanaged and cannot be invested in directly.