George F. Russell Jr. was awarded the Thomas L. Hansberger Award for Leadership in the Global Investment Profession today at a CFA Institute-sponsored conference in Newport Beach, Calif., according to a news release. Mr. Russell is chairman emeritus of Russell Investments and Russell 20-20.
The award recognizes those who have made outstanding contributions to the investment profession globally by furthering the dissemination of investment knowledge, according to the release. It also honors individuals who promote the openness of capital markets worldwide.
Mr. Russell expanded his grandfathers brokerage firm into one of the leading investment advisory firms, which today advises more than 1,900 clients in 44 countries with assets exceeding more than $2.4 trillion. In 1990, he formed Russell 20-20, a non-profit worldwide association of institutional investors interested in learning more about the evolving investment environment in emerging market countries.
The award is named after Mr. Hansberger, who was chair of the CFA Institute from 1995 to 1996.