SOURCE: Russell Investments

Russell Investments

April 08, 2011 04:00 ET

Russell Global Index: Europe Outperforms U.S. and Asia Pacific Since 2000

SEATTLE, WA--(Marketwire - Apr 8, 2011) - The Russell Europe Index (54%) has outperformed the U.S. broad-market Russell 3000® Index (22%) by slightly more than 32 percentage points from January 1, 2000, through March 31, 2011. The Russell Europe Index also outperformed the Russell Asia Pacific Index (47%) for the same time period.

"This data shows how sentiment can influence markets -- and the benefits of diversification. Euro-euphoria may count for some of Europe's outperformance in the last decade, however, after the tech-bubble popped, the U.S. remained mired in a jobless recovery from 2003-2004 and Emerging Markets had yet to recover from the lingering crisis of 1998," said Stephen Wood, chief market strategist for Russell Investments. "Europe's single market and single currency system initially appeared to some investors to be the alternative to a uni-polar U.S. market, at the expense of the U.S. and Emerging Markets. This proved to be a premature conclusion."

Russell Global IndexesJanuary 1, 2000 - March 31, 2011 Returns
Russell Europe Index54%
Russell 3000 Index22%
Russell Asia Pacific Index47%

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 index are classified according to size, region, country and sector. Daily Returns for the main components are available here: