Russell Indexes Surpass $2 Trillion in Benchmarked Assets

Tacoma, WA - Russell Investment Group announced today that its family of 21 U.S. stock indexes has exceeded $2 trillion in benchmarked assets for the first time. Of the more than $2 trillion in assets now benchmarked against Russell indexes, the breakdown is as follows: approximately $1.4 trillion is actively and passively managed institutional assets; $450 billion is passively managed indexed retail assets, such as exchange traded funds (ETFs); and $320 billion is actively managed retail assets, such as mutual funds.

The $2 trillion includes assets benchmarked against the broad-market Russell 3000® Index, the large-cap Russell 1000® Index and the small-cap Russell 2000® Index. The $1.4 trillion in institutional assets corresponds to a 43.1 percent share of total benchmarked institutional assets, up from 38.9 percent in 2003 and 28.1percent in 2002. In addition, Russell's style indexes remain the benchmark of choice for active portfolios, accounting for 97% of growth and value oriented products and assets.

"The amount of assets benchmarked against Russell continues to grow at a rapid pace and this milestone reconfirms our position as the fastest growing indexes in the business," said Kelly Haughton, strategic director of Russell indexes. "We originally created our indexes as a tool to measure investment manager performance and we utilize an objective, transparent process in their development. We believe that the significant growth in the use of Russell indexes is a reflection of our continued commitment to providing investors with the most accurate picture of the U.S. equity market."

This year marks the 20th anniversary of Russell indexes. Russell employs its indexes to objectively evaluate investment managers for multi-manager funds and other investment services.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development