ADVISORY, June 27, 2013 (GLOBE NEWSWIRE) --
Russell Investments will visit the NASDAQ MarketSite in New York City's Times Square to celebrate the Russell Indexes Annual Reconstitution.
NASDAQ OMX has participated in the Russell rebalance for more than 10 years and the NASDAQ Closing Cross will be used for the tenth consecutive year to reconfigure the entire family of U.S. Russell indexes during their annual reconstitution.
In honor of the occasion, representatives from Russell Investments and NASDAQ OMX will ring the NASDAQ Closing Bell.
- Bob Greifeld, Chief Executive Officer, NASDAQ OMX
- John Jacobs, EVP of Global Information Services, NASDAQ OMX
- Ron Bundy, Chief Executive Officer, Russell Indexes
- Rolf Agather, Managing Director, Global Research & Innovation, Russell Indexes
- Lori Richards, Managing Director, Benchmark Products, Russell Indexes
NASDAQ MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio
Friday, June 28, 2013 – 3:45 p.m. to 4:00 p.m. ET
Russell Media Contacts:
(646) 398-4528 (mobile)
(646) 441-5045 (office)
(347) 740-0191 (mobile)
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DL 3811 Vertical
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To obtain a hi-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close of your choice.
About Russell Investments:
Russell Investments (Russell) is a global asset manager and one of only a few firms that offers actively managed multi-asset portfolios and services that include advice, investments and implementation. Russell stands with institutional investors, financial advisors and individuals working with their advisors -- using the firm's core capabilities that extend across capital market insights, manager research, portfolio construction, portfolio implementation and indexes to help each achieve their desired outcomes.
Russell has more than $173 billion in assets under management (as of 3/31/2013) and works with over 2,500 institutional clients, independent distribution partners and individual investors globally. As a consultant to some of the largest pools of capital in the world, Russell has $2.6 trillion in assets under advisement (as of 12/31/2012). It has four decades of experience researching and selecting investment managers and meets annually with more than 2,200 managers around the world. Russell traded more than $1.4 trillion in 2012 through its implementation services business. Russell also calculates approximately 700,000 benchmarks daily covering 98% of the investable market globally, which includes more than 80 countries and more than 10,000 securities. Approximately $4.1 trillion in assets (as of 12/31/12) are benchmarked to the Russell Indexes.
Headquartered in Seattle, Washington, Russell operates globally, including through its offices in Seattle, New York, London, Paris, Amsterdam, Sydney, Melbourne, Auckland, Singapore, Seoul, Tokyo, Toronto, Chicago, San Diego, Milwaukee and Edinburgh. For more information about how Russell helps to improve financial security for people, visit www.russell.com or follow us @Russell_News.
About NASDAQ OMX Group:
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets including 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-55 microsecond average speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,300 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
Source:The NASDAQ OMX Group, Inc.