The $2.5 trillion, which includes assets benchmarked against the broad-market Russell 3000Ã Index, the large-cap Russell 1000Ã Index and the small-cap Russell 2000Ã Index, was determined by Russellâs examination of Morningstarâs DataLab, a Russell/Mellon client survey and Nelson Informationâs MarketPlace Web database.
"More investors across the board are opting for Russell indexes to measure investment performance," said Kelly Haughton, strategic director of Russell indexes. "We take pride in reaching this milestone because it reaffirms our core belief that Russell indexes provide investors with the clearest picture of the U.S. market."
This year marks the 21st anniversary of the Russell indexes. Russell employs its indexes to objectively evaluate investment managers for multi-manager funds and other investment services.