Company timeline History of proven experience and innovation 1936 - Frank Russell establishes a brokerage firm in Tacoma, Washington, United States. 1958 - George F. Russell, Jr., joins his grandfather's company after graduating from Harvard Business School and takes over as president three months later, following Frank's death. - George spends the next 11 years building Russell into a company that offers mutual funds and life insurance in the states of Washington, Idaho, Oregon, and Alaska. 1969 - Russell makes the transition from managing money to managing managers marking the beginning period of exponential growth for the company. - Frank Russell Company opens a New York office and expands its consulting practice in the US. 1979 - Analysts at Russell are the first to recognise investment styles among money managers, and to document the cyclical influence of style on investment performance. - Russell expands into Europe and opens an office in London as its headquarters for evaluating European money managers. 1980 - Russell launches investment management business, extending the company's valuable manager-of-manager concept to smaller pension plans and their members. 1984 - Russell opens an office in Toronto, Canada. 1986 - Russell opens offices in Tokyo and Sydney. 1990 - Six months after the Berlin Wall fell, George founded Russell 20-20 to connect countries in need of capital with influential money managers and financial experts. 1991 - Russell opens an office in Auckland, New Zealand. 1993 - Russell introduces multi-manager funds in Europe. 1994 - Russell opens a sales office in Paris, France. 1996 - Russell opens a sales office in Amsterdam, Netherlands. 1997 - Assets under management total £25 billion. 1999 - Russell is acquired by Northwestern Mutual, effective January, becoming a subsidiary of the largest provider of individual life insurance in the United States. Russell retains its name, management, office locations and investment approach. 2000 - Russell opens a sales office in Johannesburg, South Africa. 2001 - Assets under management total £44 billion. 2002 - Russell opens a sales office in Geneva, Switzerland. 2003 - Russell manages portfolio transitions worth over £100 billion. 2004 - Russell's assets under management exceed US$100 billion. - Russell acquires Pantheon Ventures, a global private equity fund-of-funds specialist. 2005 - Russell named "best specialist manager in Europe", S&P and Lipper. - Recognised "as the world's largest multi-manager as well as its most global" by The Cerulli Report. - Russell acknowledged as "Multi-manager of the Year" by Financial News. - We began our Focused Giving Initiative by committing new philanthropic dollars to support projects that address financial literacy and children. 2007 - Our market-leading family of U.S. equity indexes went global with the launch of the Russell Global Indexes. - We were proud to be ranked number 30 on Fortune Magazine's "Best Companies to Work For in America" list. - We surpassed US$220 billion in assets under management (AUM). 2008 - Having pioneered U.S. Growth and Value indexes, Russell builds on its leadership by launching Global Style Indexes. - Russell Indexes used as benchmarks by 63% of all U.S. institutional equity fund products (Nelson's Marketplace Web). 2009 - Russell launches the OpenWorld® fund range offering access to innovative, highly specialist investment strategies, offered by difficult to access, high conviction boutique managers in emerging and traditional areas of the market.

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