SOURCE: Russell Investments

Russell Investments

July 12, 2012 02:23 ET

The Russell Emerging Markets Index Returned +4.5% Year-to-Date as of July 9th

SEATTLE, WA--(Marketwire - Jul 12, 2012) - The Russell Emerging Markets Index has returned +4.7% year-to-date as of July 9th, as compared to a (-1.3%) return for the Russell Frontier™ Index for the same time period.

Notable countries in the Russell Emerging Markets Index for year-to-date performance as of July 9th include Egypt (+32.7%), Turkey (+28.8%) and the Philippines (+27.1%) on the upside, and Brazil (-5.1%) and Portugal (-14.1%) on the downside.

Notable countries in the Russell Frontier™ Index for year-to-date performance as of July 9th include Kenya (+30.8%), Pakistan (+22.6%) and Vietnam (+20.0%) on the upside, and Argentina (-19.6%) and Sri Lanka (-26.1%) on the downside.

"Investors have become increasingly concerned about falling growth and rising inflation in emerging markets. As a result, we have seen capital outflows and weakening currencies," said Sarah Lien, Senior Research Analyst for Russell Investments. "Policymakers have had to balance loosening monetary policy to boost growth (for example, Brazil has cut interest rates to a record low) with intervention in foreign exchange markets to support currencies. The stock market in Argentina has fallen nearly 20.0% this year, as investors removed capital after the interventionist approach of the Kirchner government. Sri Lanka's performance has tailed off as well since the Indian economy to which it is closely linked is suffering from weakening growth prospects."

Russell Emerging Markets Index Returns

Index YTD-2012 As of July 9th
Russell Emerging Markets Index 4.5%
Country YTD-2012 As of July 9th
Egypt 32.7%
Turkey 28.8%
Philippines 27.1%
Thailand 18.5%
Colombia 14.5%
Mexico 13.9%
United Arab Emirates 11.9%
Peru 10.0%
Chile 9.9%
India 8.8%
Poland 8.3%
Malaysia 6.9%
Taiwan 6.2%
South Africa 5.7%
China 3.3%
Korea 3.2%
Russia 0.4%
Indonesia -0.7%
Greece -3.7%
Israel -4.0%
Brazil -5.1%
Portugal -14.1%
   
   

Russell Frontier™ Index Returns

Index YTD-2012 As of July 9th
Russell Frontier™ Index -1.3%
Country YTD-2012 As of July 9th
Kenya 30.8%
Pakistan 22.6%
Vietnam 20.0%
Nigeria 16.6%
Qatar 1.7%
Oman -0.5%
Kuwait -3.1%
Tunisia -3.5%
Jordan -4.7%
Cyprus -8.9%
Ukraine -16.8%
Bangladesh -18.8%
Argentina -19.6%
Sri Lanka -26.1%
   
   

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