SAN FRANCISCO, CA--(Marketwire - Sep 13, 2012) - Russell Indexes, a global index provider, and Revere Data, LLC, the industry leader in sector classification systems, supply chain relationships, and revenues by geography data, have aligned to develop the Russell Geographic Exposure ("GeoExposure") Index Series in response to growing demand for emerging market exposure.
Based on Revere GeoRev™, a comprehensive database that captures and normalizes companies' global geographic revenue exposure, the new index methodology identifies developed market companies with significant exposure to some of the world's fastest growing economies.
The GeoExposure Series initially consists of four indexes based on Russell Global Indexes:
- Russell 1000® Emerging Markets GeoExposure Index
- Russell Developed Large Cap Emerging Markets GeoExposure Index
- Russell Developed Europe Large Cap Emerging Markets GeoExposure Index
- Russell Developed ex-North America Large Cap Emerging Markets GeoExposure Index
"Revere is pleased to work with Russell on this important index innovation," said Kevin O'Brien, CEO of Revere, "particularly in a time when emerging markets exposure is becoming a more important factor in investment diversification and performance."
"Where a company is headquartered is no longer the primary factor in how it makes money. Many of today's large multinational corporations have diverse geographic revenue streams," said Tom Goodwin, Russell Indexes senior research director. "By more accurately identifying what percentage of developed market company revenue comes from emerging markets and assembling an index based on this exposure, we offer an efficient way to access emerging market opportunities."
Revere has been researching, standardizing and analyzing companies' geographic revenue exposure for the last 10 years and currently covers 40,000 companies traded on over 35 global exchanges. By solving the problem of non-uniformed disclosure by companies, Revere GeoRev™ adds an important fundamental dataset to capital market research and index creation.
For more information about the Russell GeoExposure Index Series, including construction and methodology as well as a new research paper, please go to the Russell Indexes website.
Revere Data, LLC, is the leading provider of specialty datasets, analytics and index solutions for the financial services industry. The company focuses on leading edge industry classification systems, supply chain, and revenues by geography data. Products such as the Revere Hierarchy™, Revere Supply Chain Relationships™, RISC Focus™ and Revere GeoRev™ deliver a more precise and deeper view of the market for thousands of publicly traded companies in the U.S. and around the world. Revere's customers include some of the world's leading global financial institutions, asset management firms, fund sponsors, corporations, and media outlets. Revere Data is headquartered in San Francisco with offices in New York, Boston and Youngstown, Ohio. For more information, visit www.reveredata.com or follow us on Twitter @reveredata.
About Russell Investments
Russell Investments (Russell) is a global asset manager and one of only a few firms that offer actively managed multi-asset portfolios and services that include advice, investments and implementation. Working with institutional investors, financial advisors and individuals, Russell's core capabilities extend across capital markets insights, manager research, portfolio construction, portfolio implementation and Indexes.
Russell has about $152 billion in assets under management (as of 6/30/2012) and works with 2,400 institutional clients, more than 580 independent distribution partners and advisors, and individual investors globally. As a consultant to some of the largest pools of capital in the world, Russell has $2.4 trillion in assets under advisement (as of 12/31/11). It has four decades of experience researching and selecting investment managers and meets annually with more than 2,200 managers around the world. Russell traded more than $1.5 trillion in 2011 through its implementation services business. Russell calculates more than 80,000 benchmarks daily covering 98% of the investable market globally, 85 countries and more than 10,000 securities. Approximately $3.9 trillion in assets are benchmarked to the Russell Indexes.
Russell is headquartered in Seattle, Washington, USA. Russell has offices around the world including Amsterdam, Auckland, Chicago, Frankfurt, London, Melbourne, Milan, New York, Paris, Seoul, Singapore, Sydney, Tokyo and Toronto. For more information about how Russell helps to improve financial security for people, visit www.russell.com or follow us @Russell_News.