Russell launches pan-European indices

The provider is well-known in the US market, where it has had US-focused indices for some years; five years ago it launched a suite of global indices and now it has turned its focus to the European market. Despite the fact that there is already an established eurozone benchmark in the Eurostoxx 50, Russell saw a gap in the market for a pan-European benchmark. "Eurostoxx has done a great job on the eurozone but no one has really been able to capture success on a broader, pan-European market [scale], that is one of our main focuses," says Scott Stark, head of Russell Indexes Europe. ...