.jpg)
Russell Indexes, a leading global equity index provider, has appointed Scott Stark to the role of Director of Russell Indexes Europe. This new role continues the rapid expansion of Russell’s European index business and will focus on its global, regional and country indices as both performance benchmarks and as the basis for financial products including exchange traded funds (ETFs), structured products and index funds.
Scott has extensive European index experience covering major asset classes including equity, fixed income, currency and commodities. Scott previously worked for Markit where he was in charge of European index business development, and EuroMTS where he was CEO of their index division and responsible for the launch of a series of pan-European bond indices. These indices currently have over €1 trillion in benchmarked assets. Prior to EuroMTS, Scott was CEO of STOXX Ltd where he was key in establishing the EuroSTOXX 50 index as Europe’s leading index for financial products.
Kevin Lohman, Managing Director of Indexes and Global Head of Sales and Service, commented: “This newly created role is part of our strategic growth plan for expanding our index business across the EMEA region. Scott has a wealth of index experience, including launching Stoxx indices, and I look forward to working with him as we continue to build on Russell’s index heritage and expertise.”
Russell Indexes is one of the largest equity index providers with over $3.9 trillion in benchmarked assets. Over $70 billion of exchange traded funds (ETFs) are benchmarked to the Russell Indexes including db x-trackers, EasyETF, ETF Securities and Source European listed ETFs.
“We will continue to leverage Russell’s strength in the US market and broaden its global appeal with the expansion of the European business. Russell is a leader in the index business with many firsts including the move to float-adjusted indices, multifactor style analysis, annual reconstitution as well as objective and transparent rules and it’s a great opportunity to join Russell for the next stage of their growth. ” said Stark.
