Korea Market Capitalization Reaches $1.4 Trillion in Russell's Annual Reconstitution
The complete Russell Global Index list is available at http://www.russell.com/Indexes/membership/default.asp
“Our annual process to fully reconstitute the Russell Global Index shows a remarkable increase in Korea‘s market capitalization,” said Rolf Agather, managing director for index research and innovation for Russell Investments. “Technology continues to be the country’s largest sector by weight and consumer discretionary enjoyed a 4 percentage-point boost to 20% this year.”
Other highlights from the annual reconstitution include:
· Technology continued to be the largest sector by weight despite a decrease from 28.6% in 2010 to 23.3% in 2011. This drop marked the largest decline among any other sectors
· Consumer Discretionary showed a nearly 4 percentage point boost, from 16.2% in 2010 to 20.2% in 2011
Russell‘s index reconstitution process is followed closely by many investors because $3.9 trillion in assets are benchmarked against them, and they account for an industry-leading 63.3% of institutional benchmarked products. Membership in Russell’s equity indexes -- widely used as benchmarks for both passive and active investment strategies -- is determined by objective rules. Accurate benchmarks are an integral part of Russell's ongoing process to monitor more than 8,000 investment manager products worldwide for its $161 billion investment management business.
Website: http://www.russell.com
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This news is a press release provided by Russell Investments. Korea Newswire follows these editorial guidelines.
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2012년 12월 18일 13:14
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2012년 12월 18일 13:13