SOURCE: Russell Investments

Russell Investments

March 03, 2011 21:45 ET

Russell Indexes: Developed Europe Outperforming Emerging Europe YTD

LONDON--(Marketwire - March 3, 2011) -  The Russell Developed Europe Index reflected a year-to-date gain of 7.2% through February 28, 2011, outperforming the Russell Emerging Europe Index (5.8%) as well as the broad Russell Global Index (4.4%).

Emerging Europe outperformed Developed Europe by over 15 percentage points in 2010, a trend that reversed its course in January 2011, when the Russell Developed Europe Index (3.9%) outperformed the Russell Emerging Europe Index (2.3%). February 2011 saw the trend reverse back, as Emerging Europe (3.5%) claimed a slight lead for the month.

Russell Indexes 2010 January 2011 February 2011 YTD through February 28, 2011
Russell Developed Europe Index 6.5% 3.9% 3.2% 7.2%
Russell Emerging Europe Index 21.8% 2.3% 3.5% 5.8%
Russell Global Index 15.2% 1.4% 2.9% 4.4%

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

Disclaimer: http://www.russell.com/indexes/about/index_alerts.asp#disclaimer