The Russell Indexes are a family of global equity indices that allow investors to track the performance of distinct market segments worldwide. Many investors use mutual funds or exchange-traded funds based on the Russell Indexes as a way of gaining exposure to certain portions of the U.S. stock market. Additionally, many investment managers use the Russell Indexes as benchmarks to measure their own performance. Russell's index design has led to more assets benchmarked to its U.S. index family than all other U.S. equity indexes combined. As of June 2008, Russell's indexes had $4.0 trillion in assets benchmarked to them and accounted for 63.3 percent of assets benchmarked by institutional investors.
Read more about Russell Indexes: History, Construction Methodology, Annual Reconstitution, Primary Indices, Investing
Famous quotes containing the words russell and/or indexes:
“Sincerity is impossible, unless it pervade the whole being, and the pretence of it saps the very foundation of character.”
—James Russell Lowell (1819–1891)
“Our memories are card indexes consulted and then returned in disorder by authorities whom we do not control.”
—Cyril Connolly (1903–1974)