Business Services Industry
Russell issues new mandates.
Australasian Business Intelligence, April, 2007
Apr 30, 2007 (Super Review - ABIX via COMTEX) -- Russell Investment Group has added two new global managers to the Russell International Shares Fund. Altrinsic Global Advisors and Alliance Capital Management will both manage 10 per cent of the Russell International Shares Fund. The weighting of global mandates in the fund will increase to 30 per cent. Kathy Cave, portfolio manager at Russell, said global managers are able to generate higher returns than other managers.
Publication Date: April 2007
RUSSELL INVESTMENT GROUP PTY LTD
ALLIANCE CAPITAL MANAGEMENT HOLDING LP
ALTRINSIC GLOBAL ADVISORS LLC
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