LSEG unveils FTSE Russell
London Stock Exchange Group has launched FTSE Russell, the new integrated name created for the combined businesses of FTSE Group and Russell Indexes.
FTSE Russell will now operate as one joint global index business, with a combined sales and product team serving its global customer base.
“I am delighted to announce the new brand FTSE Russell, a milestone in the integration of our two leading index businesses," said Mark Makepeace, Group Director of Information Services, LSEG.
"We continue to make great progress across the business to bring together our collective capabilities to serve clients globally, offering even greater access to our broad range of multi-asset index solutions.”
The rebrand follows the acquisition of Frank Russell Company (or Russell Investments) from Northwestern Mutual for $2.7bn in 2014.
Following the acquisition of Russell Investments, LSEG
conducted a comprehensive review of the investment management business to
analyse its strategic fit with the Group. This was concluded in February 2015,
and LSEG is now exploring a sale of the business in its entirety.
FTSE
Russell provides benchmarking,
analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indices
that measure and benchmark markets and asset classes in more than 80 countries,
covering 98% of the investable market globally and trading on over 25 exchanges
worldwide.
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