Singapore Breaks Into List of Top 20 Countries by Market Cap 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 substantial increase in Singapore's market capitalization,” said Rolf Agather, managing director for index research and innovation for Russell Investments. “The Financial sector and Producer Durable sectors saw the largest number of additions in 2011.”
Other highlights from the annual reconstitution include:
· Sector weights remained constant with the financial sector remaining the largest. Financials comprise over half of the index at 51%
· Singapore added 13 securities to bring its total number to 141, up from 132 total securities in 2010
· Singapore had 2 new adds via IPO in the second quarter, both of which were Small Caps
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