Russell to launch global style equity index

Russell Investments is set to launch global style equity indexes to reflect key growth and value segments of the Russell Global Index.

The new indexes, such as the Russell Global Large Cap Growth Index and Russell Global Large Cap Value Index, will be launched on April 1.

Rolf Agather, director of business development for Russell Indexes, said: “As investors flock towards global mandates, they’re looking to us for more robust and transparent tools that reflect distinct market segments similar to what they’ve come to use for the US market.” He made the announcement at the Indexing & ETF Investments Asia 2008 conference in Singapore.

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