Institutional investors

Investment Manager Outlook - December 2011 What do investment managers think about the direction of the markets? Download the complete report for December 2011 (PDF). Print page. Previous IMO September 2011 (PDF) About Russell's Investment Manager Outlook A pioneer in multi-manager investing and the creator of the Russell Indexes, Russell manages approximately $137.6 billion* in assets. We work with more than 2,300 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. Russell Investments has extraordinary access to senior-level investment decision makers. Prior to the end of each quarter, Russell surveys those decision makers to collect their topline 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 Russell's Investment Manager Outlook that is published during the final week of each quarter. For more information about about Russell's Investment Manager Outlook contact:     West Coast David Rothenberg Managing Director 866-926-5934 East Coast Gerry Lillis Director 866-459-4128 * As of 09/30/11 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 www.finra.org. RFS-4612. First used: December 2010.