Equity market round up: New year, new global index family
Russell Investment Group has launched a range of global indices that apply the same criteria to all companies regardless of size and the country in which they are listed.
Russell Investment Group of Russell 2000 Index fame has launched a new range of global indices – the Russell Global Indexes.
Uniquely, these indices, which weigh up 10,000 stocks worldwide, apply the same criteria to all companies regardless of size and the country in which they are listed.
“The global investment market has changed as skilled investors adopt an increasingly global outlook and seek to invest in the best stocks from around the world with less emphasis on company size or country of origin,” says David Grieger, managing director, Russell Indexes. “These investors are finding that distinctions between traditionally ‘emerging’ and ‘developed’ markets have blurred as companies and financial markets grow in sophistication.”