Ron Bundy, the newly appointed President & Representative Director for Russell Indexes Asia Co., Ltd. said, “Russell Indexes have become increasingly utilized as the most objective measure of investment management by investors worldwide for more than 20 years and now serve as benchmarks for US$ 3.8 trillion in funds globally. Russell Indexes also are increasingly used in derivatives such as futures and options as well as in ETFs. We believe this new company will enable us to bolster our high quality service to clients in Japan and the Asia Pacific Region.”
The appointed Vice President & Representative Director, Graeme Thom, who is based in Tokyo and oversees marketing for Russell Indexes and the related products in the Asia Pacific said, “While investment management is diversifying and becoming more sophisticated, our indexes are finding even greater acceptance as the foundation of investment models and performance measurement tools. Through this new company, we aim to better serve and strengthen our relationship with clients not only in Japan but also in other countries in the Asia Pacific Region. We will be even better positioned to provide them with index products that meet their investment needs as well as finely-tuned user support.”
Thom added that the launch of Russell Indexes Asia continues Russell’s purpose of “improving financial security for people” and he expects the endeavor to further improve client services.
About Russell: Russell Investment Group, a global leader in multi-manager investing, provides investment products and services in more than 44 countries. Russell manages more than $167 billion in assets and advises clients worldwide representing more than $2.4 trillion. More than $3.8 trillion in assets are benchmarked to Russell’s family of U.S. indexes. Founded in 1936, Russell is a subsidiary of Northwestern Mutual and is headquartered in Tacoma, Wash., with additional offices in New York, Toronto, London, Paris, Sydney, Singapore, Auckland and Tokyo.
About Russell US Indexes: Russell Investment Group developed Russell US Equity Indexes in 1984. The indexes are market cap-weighted and include only common stocks incorporated in the United States and its territories.
About Russell/Nomura Japan Equity Indexes: In 1995, Russell Investment Group and Nomura Securities Co., Ltd. jointly developed Russell/Nomura Japan Equity Indexes that serve to measure performance based on various investment policies. The indexes are value weighted and include only common stocks domiciled in Japan. All indexes are subsets of the Russell/Nomura Total Market™ Index, which represents approximately 98% of the investable Japan equity market. Russell/Nomura Prime was additionally developed in 2004 to be a benchmark for passive investment strategies. The Russell/Nomura Prime Index Futures was listed on the Osaka Securities Exchange in April 2005.