Russell Investments has unveiled its first small-cap and mid-cap European equity index. The Russell Europe SMID 300 was launched to provide investors with a liquid and tradable benchmark to be used as the basis of investible products. It was developed after lengthy consultations in Europe with financial institutions including Deutsche Bank, Goldman Sachs and UBS, says the index provider. The index is rebalanced each year in June as part of the Russell Indexes annual reconstitution.
The S&P Globa