Institutional investors

The T Ratio An Information Ratio for Transitions? December 2006 This research piece outlines the T Ratio, an information ratio designed to complement the T Standard by giving you a context to evaluate and compare transitions that differ in complexity, particularly in terms of size and risk. The T Ratio standardizes post-transition implementation shortfall and compares it to the original pre-transition estimate by adjusting the shortfall for the transition event risk. This research discusses:   Purpose of the T Ratio Key Potential Benefits Issues and Limitations of Risk-Adjusted Shortfall Measures Request this Research A note about our research Our proprietary research is made available to our institutional clients, and many of these published papers are available to other institutional investors as well. If you are not a Russell client, but are an institutional investor, we welcome you to request this research piece. We only require your contact information on a short request form. For more information about our research, please contact David or Gerry:     West Coast David Rothenberg Managing Director 866-926-5934 East Coast Gerry Lillis Director 866-459-4128 Please remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns. Diversification and strategic asset allocation do not assure profit or protect against loss in declining markets. USIMSLRC1958			Related Information Request this Research Transition Management Printer friendly version of this page