Russell Asia Pacific Index Up 0.4% Year-to-Date as of May 21st; Philippines Led Individual Countries Within the Index

News provided by
Russell Investments
May. 25, 2012 17:27
SEATTLE, WA--(Korea Newswire)--The Russell Asia Pacific Index returned 0.4% for the year-to-date as of May 21st. This compares to a (-0.7%) return for the Russell Developed Europe Index and a 5.7% return for the Russell 1000® Index for the same time period.

Within the Russell Asia Pacific Index, the Philippines (+17.1%) led all individual country returns for the year-to-date as of May 21st, followed by Thailand (+14.9%), Singapore (+10.7%) and New Zealand (+6.0%).

Within the Russell Asia Pacific Index, Japan (-2.3%) had the lowest individual country returns for the year-to-date as of May 21st, followed by Australia (-1.3%), Indonesia (-0.6%) and Korea (-0.5%).

“The Philippines and Thailand equity markets continue their strong run this year as demonstrated by the indexes,” said Sarah Lien, Asia-based research analyst for Russell Investments. “With macro concerns creating overhang in US, European and Chinese markets, it seems investors may be looking for uncorrelated exposure in some of these smaller Asian markets. It‘s interesting that Indonesia has actually posted a negative return YTD given this trend, which indicates that one cannot oversimplify the idiosyncrasies of investing in each country’s equity market.”

Russell Global Index Returns
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Index / 2012 YTD Returns as of 5/21/12
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Russell Asia Pacific Index / 0.4%
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Russell Developed Europe Index / -0.7%
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Russell 1000® Index / 5.7%
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Russell Asia Pacific Index Country Returns
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Russell Asia Pacific Index Country / 2012 YTD Returns as of 5/21/12
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Philippines / 17.1%
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Thailand / 14.9%
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Singapore / 10.7%
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New Zealand / 6.0%
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Taiwan / 4.6%
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Hong Kong / 4.3%
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India / 3.1%
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Malaysia / 2.0%
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China / 1.1%
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Korea / -0.5%
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Indonesia / -0.6%
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Australia / -1.3%
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Japan / -2.3%
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The Russell Global Index includes more than 10,000 securities in 48 countries and covers 98% of the investable global market. All securities in the benchmark are classified according to size, region, country and sector. Daily Returns for the main components are available here: http://www.russell.com/indexes/data/daily_total_returns_global.asp

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