DOCSLIB.ORG

Russell At-A-Glance: AI Overview

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Russell At-A-Glance: AI Overview Investing with a purpose Russell At-A-Glance 1936 Russell Investments is a leader in helping institutional investors link their Russell Investments founded investment strategy to their organizations’ goals and objectives. Our experience 20+ and depth of resources in consulting, investment management, research and Offices worldwide, with principal offices in: Seattle implementation make possible a wide range of innovative solutions. (headquarters), New York, Chicago, London, Tokyo, Paris, Russell investment solutions Singapore, Sydney, Auckland, Toronto Russell offers comprehensive investment services to defined benefit plans, defined contribution plans, public retirement plans, multi-employer plans, and non-profit organizations worldwide. † $256.7 billion We are uniquely positioned to help institutional investors understand their challenges and provide Global assets under strategic advice and solutions that help them achieve their investment goals, while managing risks. management PROVEN LEADERS $2.6 trillion Largest institutional investment outsourcer — For the third year in a row, Global assets under advisement Russell was named as an aiCIO Industry Innovation Award winner.1 In 2013, $1.4 trillion Russell was named the winner in the Investment Outsourcing category for asset managers and servicers. Notably, Russell was recognized for its in-house Traded through implementation services business implementation capabilities and robust investment and sales teams. $4.0 trillion Voted tops in manager due diligence — For a fifth year in a row, Russell was Assets benchmarked to Russell voted among the top for having the best manager due diligence practices by 2 Indexes participants in a 2013 FundFire survey of consultant relations professionals. $705 billion Top tier broker in Tradewatch report — Russell Implementation Services was Transitioned assets ranked as a top-tier broker in Pensions & Investments’ November 2013 Tradewatch report, based on the quality of its trade execution. Notably, Russell 350+ placed among the top ten brokers in 11 out of 13 categories.3 Russell funds and multi-asset investment solutions globally Top marks in transition management — For the ninth consecutive year, Russell received “Top Marks” in every category4 of Global Investor magazine’s 2013 2,500+ transition management survey of transition managers across the EMEA, Clients worldwide Americas and Asia Pacific regions. 35+ A leading consultant in worldwide assets — For the fourth year in a row, Client countries Russell was ranked as one of the top-four largest consultants. Ranking is based on worldwide assets under advisement (AUA) by the 2013 Pensions & All data as of 12/31/2012, unless otherwise noted. Investments Consultant Directory. † AUM as of 12/31/2013, includes $74.8 billion of derivative overlay not included prior to June 30, 2013 Russell Investments // Russell At-A-Glance INNOVATIVE SOLUTIONS liquidity management, clients can minimize implementation slippage and improve risk-adjusted returns. Consulting Active exposure management — Russell offers informed In 1969, we helped pioneer investment consulting. rebalancing and synthetic mispricings designed to help Today, our global network of consultants and research clients profit from misvaluations in the markets. analysts help institutional investors maintain efficient and effective investment programs. We offer: Currency implementation — Russell acts as a currency trade agent, negotiating competitive foreign exchange rates In-depth recommendations, for clients. In addition, we oversee more than $85 billion in Policies, planning and asset class strategies, passive currency hedging on behalf of Russell funds and third-party clients. Research and information on markets and managers, and Transition management — Russell’s proprietary Efficient implementation of investment strategy. tools and research can help optimize investment performance Investment management and manage risk exposure. Russell developed the “T Standard,” the industry’s most transparent transition Since 1980, we’ve been hiring some of the best managers measurement tool. More than $705 billion transitioned in 2012. identified through our research and packaging them in our investment funds. We closely monitor their ongoing Commission management —The Russell commission performance, making changes when necessary. recapture program has so far saved clients over $1.2 billion through effective commission cost management. In addition to traditional equity and fixed income options, Russell offers a range of alternative investments, including OUR RESEARCH ADVANTAGE real estate and hedge funds. Our fund manager research, asset allocation technology, Russell also handles all aspects of performance reporting and portfolio design and capital markets research are at the administration, including retiree services and fiduciary support. forefront of the investment industry, including: Trust and custodial services are also available for Russell fund 550+ Russell investment professionals are directly involved investors. in our investment process. Implementation services 60+ Russell analysts research investment managers worldwide. Russell provides a range of investment services to help investors manage funds efficiently and cost effectively, ~80 managers and analysts actively manage portfolios including: worldwide. 6,000+ traditional and alternative investment products are Overlay services — scrutinized each year. Passive exposure management —Through techniques including smart cash equitization, rebalancing and 1 Russell was named the winner of the Foreign Exchange (FX) category of the 2011 aiCIO industry Innovation Awards. No award was given in this category in 2012. In 2012, Russell was recognized in the Tactical Risk Management – Passive Strategies category for its work with clients on trading execution tied to tactical asset allocation programs. 2 Fifty-five consultant relations professionals from 30 institutional investment consulting firms participated in the survey 3 Russell placed among the top ten brokers in 11 out of 13 categories, including: all trading by global brokers & U.S. brokers; trade orders with 50,000+, 10,000-50,000, and 10,000 shares; trades representing 0-20%, 20-50%, and 50%+ of daily volume; and trades in giant cap, midcap, and small cap markets. Rankings are based on best-performing brokers as measured by the difference in cost/savings against the universe of Elkins/McSherry, a State Street company. The Elkins/McSherry universe is based on the top 50 brokers in each category by U.S. dollar volume. This is a quarterly ranking based on the previous four-quarters as of September 30, 2013. 4 Global Investor “Top Marks” categories include: accuracy of pre trade estimate, operational efficiency, pre-trade analysis, post-trade analysis, project management, relationship management, reporting during transition, risk management, trading / execution, transparency of fees and costs. For more information: Call Russell at 800-426-8506 or visit www.russell.com/institutional Important Information Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, or an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional. Please remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns. Russell Investments is the owner of the trademarks, service marks, and copyrights related to its respective indexes. Copyright © Russell Investments 2006-2014. All rights reserved. This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investments. It is delivered on an “as is” basis without warranty. Russell Investment Group is a Washington, USA corporation, which operates through subsidiaries worldwide, including Russell Investments, and is a subsidiary of The Northwestern Mutual Life Insurance Company. The Russell logo is a trademark and service mark of Russell Investments. All data current as of 12/31/2012 unless otherwise noted. First used: April 2006, revised January 2014 USI-18703-04-14 Russell Investments // Russell At-A-Glance / p 2 .
Load more

Recommended publications
  • Short Duration Bond Fund
    SHORT DURATION BOND FUND Money Manager and Russell Investments Overview June 2021 Russell Investments’ approach Russell Investments portfolio managers Russell Investments uses a multi-asset approach to investing, combining asset allocation, Albert Jalso is a Senior Portfolio Manager. Albert has managed the Fund since September 2016. manager selection and dynamic portfolio management in its investment portfolios. Using this Based in Seattle, Albert manages portfolios covering global leveraged loans and asset-backed approach as a framework for mutual fund construction, we research, monitor, hire and terminate securities, long duration / credit, and investment grade and high yield municipal debt. Albert’s (subject to Fund Board approval) money managers from around the world and strategically career with Russell Investments includes working in Russell Investments London office from allocate fund assets to them. We oversee all investment advisory services to the funds and 2011 to 2016 where he managed the firm’s global bond platform. Albert holds BSc and MSc manage assets not allocated to money managers. degrees in finance. Albert joined the firm in 2007. The Fund Gerard Fitzpatrick is Russell Investments’ Head of Fixed Income, Senior Portfolio Manager. Based in London, Gerard is responsible for the management of a range of short-, intermediate- The Short Duration Bond Fund’s managers focus on the shorter end of the yield curve, which and long-term bond funds invested in by both retail and institutional clients. Gerard’s career with results in an overall lower level of interest rate sensitivity (i.e., duration) versus intermediate or Russell Investments includes working in Russell Investments Seattle office from 2011 to 2017.
    [Show full text]
  • Russell Investment Management, LLC a Russell Investments Company
    Russell Investment Management, LLC A Russell Investments company Form ADV Part 2B Brochure Supplement Item 1 – Cover Page 1301 Second Avenue, 18th Floor Seattle, WA 98101 206.505.7877 WWW.RUSSELLINVESTMENTS.COM June 1, 2021 This Brochure Supplement provides information about supervised persons providing investment advisory services to Russell Investment Management, LLC (“RIM”) clients and supplements the RIM Brochure. If you have any questions about the contents of this Brochure Supplement, please contact us at 206.505.4466 or [email protected]. The information in this Brochure Supplement has not been approved or verified by the United States Securities and Exchange Commission (“SEC”) or by any state securities authority. RIM is an investment adviser registered with the SEC. Registration as an investment adviser does not imply any level of skill or training. Additional information about RIM is also available on the SEC’s website at www.adviserinfo.sec.gov. Russell Investment Management, LLC 1095 Avenue of the Americas, 14th Floor New York, NY 10036 212.702.7900 FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Rob Balkema that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement. Rob Balkema, CFA Senior Director, Head of Multi-Asset, North America Global
    [Show full text]
  • Quarterly Review: Lifepoints© Funds Target Portfolio Series
    BALANCE LifePoints© Funds Target Portfolio Series Moderate Strategy Fund Quarterly Review Second Quarter 2021 • May Lose Value • Not FDIC Insured • May Lose Value • No Bank Guarantee • Not Insured by any Federal Government Agency June 30, 2021 / LifePoints® Target Portfolio Series Moderate Strategy Fund CONTENTS Page Strategy (or Model) Commentary 3 Capital Markets Commentary 4 Performance Information 5 Manager Allocation 6 Russell Investments / LifePoints® Target Portfolio Series Moderate Strategy Fund / 2 June 30, 2021 / LifePoints® Target Portfolio Series Moderate Strategy Fund Strategy Commentary 2Q 2021 TARGET PORTFOLIO SERIES MODERATE STRATEGY UNDERLYING FUND PERFORMANCE CLASS Y Return % 12 9.92 10 8 7.77 5.99 6 5.59 5.29 4.81 4 2.66 2.42 2 1.29 0.31 0 Multifactor U.S. U.S. Small Cap Multifactor Global Equity Emerging Markets Global Real Estate Unconstrained Strategic Bond Multifactor Bond Multi-Strategy Equity Equity International Equity Securities Total Return Income EQUITIES • The Multifactor U.S. Equity Fund lagged the Russell 1000® Index for the quarter as an overweight to the volatility factor detracted, although positive security selection within healthcare helped offset losses. • The Multifactor International Equity Fund underperformed the benchmark (MSCI World ex USA Index Net) for the quarter. Stock selection within fi nancials and materials were the largest detractors, although selection within communication services and consumer staples helped offset some losses. FIXED INCOME • The Strategic Bond Fund marginally outperformed the Bloomberg Barclays Aggregate Bond Index for the quarter. Overweight to securitized fi xed income and underweight to mortgage-backed securities was benefi cial as spreads tightened. • The Unconstrained Total Return Fund outperformed the benchmark (ICE BofA 3 Month Treasury Bill Index) for the quarter.
    [Show full text]
  • TAX-EXEMPT BOND FUND Money Manager and Russell Investments Overview
    TAX-EXEMPT BOND FUND Money Manager and Russell Investments Overview Russell Investments’ approach Russell Investments portfolio managers Russell Investments uses a multi-asset approach to investing, combining asset Albert Jalso is a Senior Portfolio Manager. Albert has managed the Fund since allocation, manager selection and dynamic portfolio management in its investment September 2016. Based in Seattle, Albert manages portfolios covering global portfolios. Using this approach as a framework for mutual fund construction, we leveraged loans and asset-backed securities, long duration / credit, and investment research, monitor, hire and terminate (subject to Fund Board approval) money grade and high yield municipal debt. Albert’s career with Russell Investments includes managers from around the world and strategically allocate fund assets to them. We working in the Russell Investments London office from 2011 to 2016 where he oversee all investment advisory services to the funds and manage assets not managed the firm’s global bond platform. Albert holds BSc and MSc degrees in allocated to money managers. finance. Albert joined the firm in 2007. The Fund Gerard Fitzpatrick is Russell Investments’ Head of Fixed Income, Senior Portfolio The Tax-Exempt Bond Fund seeks to hire managers that are experts in municipal Manager. Based in London, Gerard is responsible for the portfolio management of all bonds. The Fund seeks to provide federal tax-exempt current income consistent with Russell Investments’ global bond funds. Gerard holds a BBS and MA in finance and a the preservation of capital. The Fund will invest, under normal circumstances, at least B.Sc. in financial services. Gerard joined the firm in 2007.
    [Show full text]
  • Multi-Strategy Income Fund
    MULTI-STRATEGY INCOME FUND Money Manager and Russell Investments Overview June 2021 Russell Investments’ approach Russell Investments portfolio managers Russell Investments uses a multi-asset approach to investing, combining asset allocation, Brian Meath is Managing Director, Head of Portfolio Management and has primary responsibility manager selection and dynamic portfolio management in its investment portfolios. Using this for the oversight of all multi-asset and balanced funds managed by Russell Investments globally. approach as a framework for mutual fund construction, we research, monitor, hire and terminate Brian re-joined Russell Investments in 2010, having previously been with the firm from 1995 to (subject to Fund Board approval) money managers from around the world and strategically 2000, where he was head of global equity research. From 2007 through 2010, Brian launched allocate fund assets to them. We oversee all investment advisory services to the funds and and managed Cause Investments. Brian holds a BA in international studies and a MA in manage assets not allocated to money managers. international business studies. Brian first joined Russell Investments in 1995. The Fund Rob Balkema is a Senior Portfolio Manager with Russell Investments’ multi-asset solutions team. Rob is responsible for creating strategic asset allocations for the funds, selecting The Multi-Strategy Income Fund seeks to provide a responsible level of yield, which means the managers or passive alternatives to populate asset classes, integrating capital market insights Fund seeks to maximize current yield while not sacrificing the potential for long-term capital and market strategist views, and positioning the total portfolio. Prior to this role, Rob was a appreciation.
    [Show full text]
  • Russell Investment Company V Plc an Umbrella Fund with Segregated Liability Between Sub-Funds
    2018 SEMI ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS Russell Investment Company V plc an umbrella fund with segregated liability between sub-funds 30 September 2018 Russell Investments Multi-Asset 35 Fund Russell Investments Multi-Asset 50 Fund Russell Investments Multi-Asset 70 Fund Russell Investments Multi-Asset 90 Fund Russell Investments Multi-Asset Defensive Fund Russell Investments Global Selective Equity Opportunities Fund Russell Investment Company V plc Contents Administration of the Company .............................................................................................................................. 2 Background to the Company ................................................................................................................................ .. 4 Combined Financial Statements ............................................................................................................................ 5 Russell Investments Multi-Asset 35 Fund .............................................................................................................. 8 Russell Investments Multi-Asset 50 Fund .............................................................................................................. 17 Russell Investments Multi-Asset 70 Fund .............................................................................................................. 26 Russell Investments Multi-Asset 90 Fund .............................................................................................................
    [Show full text]
  • Form ADV Part 2B Brochure Supplement
    Russell Investments Implementation Services, LLC A Russell Investments company Form ADV Part 2B Brochure Supplement Item 1 – Cover Page 1301 Second Avenue, 18th Floor Seattle, WA 98101 206.505.7877 WWW.RUSSELLINVESTMENTS.COM July 16, 2021 This Brochure Supplement provides information about supervised persons providing investment advisory services to Russell Investments Implementation Services, LLC (“RIIS”) clients and supplements the RIM Brochure. If you have any questions about the contents of this Brochure Supplement, please contact us at 206.505.4466 or [email protected]. The information in this Brochure Supplement has not been approved or verified by the United States Securities and Exchange Commission (“SEC”) or by any state securities authority. RIIS is an investment adviser registered with the SEC. Registration as an investment adviser does not imply any level of skill or training. Additional information about RIIS is also available on the SEC’s website at www.adviserinfo.sec.gov. Russell Investments Implementation Services, LLC 1301 Second Avenue, 18th Floor Seattle, WA 98101 206.505.7877 FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Travis Bagley that supplements the Russell Investments Implementation Services, LLC (“RIIS”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement. Travis Bagley, CFA
    [Show full text]
  • Russell Investments Headquarters
    RUSSELL INVESTMENTS HEADQUARTERS SEATTLE, WASHINGTON RUSSELL INVESTMENTS HEADQUARTERS Seattle, Washington WORKPLACE AS AN ASSET NBBJ worked with Russell Investments, a highly regarded asset management firm, to use their headquarters relocation to Seattle as a means for fundamentally changing the way they work. client VISION design BREAKTHROUGH organizational VALUE springboard INSIGHT Russell Investments was looking to create an energized NBBJ sought to better align Russell’s workplace solutions Large floor plates allow space for more than twice the number Knowledge work involves four key activities—learning, environment that would enable ideas to be exchanged with the changing nature of its work practices to add value of staff on each floor, creating greater synergies within and collaboration, socializing and focused work. Supporting these more quickly around the world. The process included the to the business. Building upon best practices and lessons across departments. The elimination of private offices makes activities with a range of work settings can help people come relocation of its headquarters and migration from a traditional learned from corporate offices around the globe, the space access and sight lines to people profound, resulting in faster together to develop new insights and solutions. office/cubicle standard to an open office/collaborative solves many of the core limitations associated with traditional team building and a stronger sense of community. work environment. open work environments. A SOUND INVESTMENT Public roof garden Public roof NBBJ began the engagement with Russell by providing site selection, feasibility studies and test fit services to help inform Russell’s real estate search. The opportunity to move to a city that attracts a highly educated workforce, occupy a Class A office building bearing its own name, and be in the center of a major Pacific Rim commercial center alongside other businesses Russell occupies were some of the determinants in making the move to Seattle’s floors 13-16 and 18 downtown core.
    [Show full text]
  • Multi-Asset Growth Strategy Fund
    MULTI-ASSET GROWTH STRATEGY FUND Money Manager and Russell Investments Overview June 2021 eRussell Investments’ approach Managers manage the Fund on a daily basis to help keep it on track, constantly monitoring risk Russell Investments uses a multi-asset approach to investing, combining asset allocation, and return expectations at the total fund level and making changes when deemed appropriate manager selection and dynamic portfolio management in its investment portfolios. Using this and/or necessary. Multiple resources from across the firm are used to help determine what is approach as a framework for mutual fund construction, we research, monitor, hire and terminate believed to be the best combination of managers and strategies. Manager research and capital (subject to Fund Board approval) money managers from around the world and strategically markets research are just some of the tools at the Portfolio Managers’ disposal to help identify allocate fund assets to them. We oversee all investment advisory services to the funds and opportunities and manage risk. manage assets not allocated to money managers. Target allocation of fund assets The Fund The percentages below represent the target allocation of the Fund’s assets to each money The Multi-Asset Growth Strategy Fund seeks to provide long term total return with lower volatility manager’s strategy and Russell Investment Management, LLC’s (“RIM”) strategy. This does not than equity markets. The Fund globally invests in equities, real assets, and fixed income. However, include liquidity reserves managed directly by RIM, which may constitute 5% or more of fund allocations to the ‘things in between’ these asset classes—such as bank loans, high yield debt, assets at any given time.
    [Show full text]
  • Nevada System of Higher Education
    Supplemental Material, INV-5a Page 1 of 84 Quarterly Investment Review Nevada System of Higher Education FIRST QUARTER 2017 Supplemental Material, INV-5a Page 2 of 84 Quarterly Investment Review Nevada System of Higher Education Your Client Service Team Matt Beardsley, CFA Andy Pickering Cara McGinnis Ryan Rasner Director, Institutional Investment Solutions Senior Client Investment Analyst Senior Account Executive Director, Non-Profit, Mid Market Sales (800) 426-7969 (800) 426-7969 (800) 455-3782 (800) 426-7969 (206) 505-2726 (206) 505-3565 (206) 505-1836 (212) 702-7972 [email protected] [email protected] [email protected] [email protected] Russell Investments Russell Investments Russell Investments Russell Investments 1301 Second Avenue, 18th Floor 1301 Second Avenue 1301 Second Avenue 1095 Avenue of the Americas Seattle, WA 98101 18th Floor 18th Floor 14th Floor Fax (206) 505-1565 Seattle, WA 98101 Seattle, WA 98101 New York, NY 10036 Fax (206) 505-1565 Fax (206) 505-1565 Fax (212) 702-7901 p. 2 Supplemental Material, INV-5a Page 3 of 84 Agenda › Transition Update › Economic and Financial Markets Review › Russell Investments Update and Events › Account Performance Summary › Appendix › Russell Investments Fund Review › Account Performance Detail › Directed Hedge Funds Detail p. 3 Supplemental Material, INV-5a Page 4 of 84 Transition Update First Quarter 2017 Supplemental Material, INV-5a Page 5 of 84 Asset Transition: Working towards the final allocation NSHE - Endowment Pool
    [Show full text]
  • Global Real Estate Securities Fund
    GLOBAL REAL ESTATE SECURITIES FUND Money Manager and Russell Investments Overview April 2021 Russell Investments’ approach Russell Investments portfolio managers Russell Investments uses a multi-asset approach to investing, combining asset allocation, Bruce Eidelson is Director of Listed Real Assets for Russell Investments. Bruce is responsible manager selection and dynamic portfolio management in its investment portfolios. Using this for overseeing the firm’s publicly traded real estate, infrastructure and commodities strategies. approach as a framework for mutual fund construction, we research, monitor, hire and terminate He is portfolio manager for Russell Investments’ real estate securities funds domiciled in the (subject to Fund Board approval) money managers from around the world and strategically U.S., Europe and Australia. Bruce holds a BA in economics and geography, an MBA in finance, allocate fund assets to them. We oversee all investment advisory services to the funds and and an MS in real estate development. Bruce joined Russell Investments in 1999. manage assets not allocated to money managers. Patrick Nikodem is a Portfolio Manager at Russell Investments. He is responsible for managing The Fund Russell Investments’ real assets funds including real estate and infrastructure for institutional and private investors in the U.S. and internationally. Patrick holds a BS in Economics and a BA The Global Real Estate Securities Fund aims to provide investors with exposure to a globally in International Studies and German. Patrick joined Russell Investments in 2008. diversified portfolio of real estate securities and property-related companies listed on stock exchanges around the globe. To help achieve its objectives, the Fund employs multiple money The portfolio managers’ role managers with different approaches to portfolio construction and global strategies that are intended to be complementary.
    [Show full text]
  • Russell Fundamental Index Series
    Construction and methodology Russell Fundamental Index® Series v2.0 ftserussell.com May 2016 Contents Introduction .................................................................................... 3 Constructing the Russell Fundamental Index Series ................. 5 Eligible securities ................................................................................................ 5 Steps in constructing the Russell Fundamental Indexes ................................ 5 Constructing the Russell Fundamental Select Real Estate Index Series ................................................................................... 8 Definition .............................................................................................................. 8 Eligible securities ................................................................................................ 8 Steps in constructing the Russell Fundamental Indexes ................................ 9 Reconstitution and implementation ........................................... 10 Annual reconstitution........................................................................................ 10 Quarterly application of the annual reconstitution ........................................ 10 Maintaining the Russell Fundamental Index Series ................. 13 Index maintenance / Corporate Action-driven changes ................................ 13 Recalculations ................................................................................................... 13 Queries and Complaints ..................................................................................
    [Show full text]