Russell Investments on April 1 will introduce global growth and value equity indexes that will be a subset of the broader Russell Global index, according to a Russell news release. The Russell Global Index tracks 98% of investible securities worldwide.
It was a growing awareness of the importance of this distinction in the early 1980s that led us to pioneer growth and value style indexes for the U.S. market, said Rolf Agather, director of business development for Russell Indexes, in the release. We sought greater insight into manager behavior and a clearer understanding of the sources of performance with the U.S. market then, and we're aiming for the same now for global investing.
Separately, Barclays Capital today launched the Universal Government Inflation-Linked Bond index, the first global index covering government inflation-linked debt from all major issuing nations, said Ralph Segreti, Barclays director and manager of global index-linked products. Its a truly diversified index for debt available to investors, Mr. Segreti said at a news briefing. It will have 19 developed and emerging markets in one benchmark.