SOURCE: Russell Investments

Russell Investments

December 23, 2009 20:00 ET

Russell Adds 75 IPOs to Global Index

Greater China Index Accounts for 33% of Global Total

TACOMA, WA--(Marketwire - December 23, 2009) - Russell Investments has added 75 initial public offerings (IPOs) to the Russell Global Index for the fourth quarter of 2009. Twenty-five of these stocks were added to the Russell Greater China Index (five in China, 19 in Hong Kong and one in Taiwan).

The U.S. market accounts for 28 of the IPO additions for the fourth quarter, while five were added to the Russell India Index and three to the Russell South Korea Index. Only four of the fourth quarter's IPO-related additions are located in the whole of Europe, including two in Poland.

The total of 75 IPO additions worldwide for the fourth quarter more than doubles the total of 32 added to the global index in the second quarter of 2009, which also more than doubled the total of 14 added to the index in the first quarter of 2009.

Russell's quarterly process mirrors current market conditions by systematically identifying and adding eligible stocks worldwide. During tough times or boom times for the equity markets, Russell's index methodology consistently provides investors with benchmarks that reflect the global market comprehensively and consistently.

For information on Russell's IPO additions process and to see the lists of stocks added by country to the index, go to http://www.russell.com/Indexes/membership/Global/IPOs.asp.

About Russell

Russell Investments provides strategic advice, world-class implementation, state-of-the-art performance benchmarks and a range of institutional-quality investment products. Russell has $174 billion in assets under management as of September 30, 2009, and serves individual, institutional and advisor clients in more than 40 countries. Founded in 1936, Russell is a subsidiary of The Northwestern Mutual Life Insurance Company.

Russell Investments, a Washington, USA corporation, operates through subsidiaries worldwide.

Russell Investments is the owner of the trademarks, service marks and copyrights related to its indexes.

Russell's indexes are unmanaged and cannot be invested in directly.

Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, nor 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.