Russell Investments

Russell Investments Announces Management Fee Reductions

Retrieved on: 
Tuesday, October 24, 2023
Professional Services, Communications, Finance, Asset Management, Banking, Public Relations, Investor Relations, Head, Russell Investments, Series, Real assets, Video game, Financial adviser

Similar reductions also will take effect for the Series O units or shares of the Funds.

Key Points: 
  • Similar reductions also will take effect for the Series O units or shares of the Funds.
  • “We continuously strive to provide Canadian investors with competitive solutions.
  • These new fee reductions follow our recent change to lower purchase minimums to $500 for all retail funds,” said Brad Jung, president, Russell Investments Canada Limited and head of North America Advisor & Intermediary Solutions at Russell Investments.
  • “As part of a well-diversified portfolio, we believe adding an allocation to alternatives, such as Real Assets and Global Infrastructure, can help to improve investment outcomes.”

Russell Investments’ 2023 ESG Manager Survey: ESG Factors Increasingly Drive Investment Decision-Making

Retrieved on: 
Monday, October 23, 2023
Professional Services, Environmental, Social and Governance (ESG), Environment, Sustainability, Finance, Accounting, Carbon, Attention, ESG, Research, Investment, Materiality, Russell, Russell Investments, Renewable energy, Cryptocurrency, Construction

Russell Investments has released results from its ninth-annual ESG Manager Survey, which offers valuable insights into the evolving landscape of ESG practices within the investment management industry.

Key Points: 
  • Russell Investments has released results from its ninth-annual ESG Manager Survey, which offers valuable insights into the evolving landscape of ESG practices within the investment management industry.
  • “As the industry continues to focus on responsible investing practices, active managers from all major asset classes are increasingly incorporating ESG considerations into their investment processes and hiring for ESG-related roles,” said Kris Tomasovic Nelson, Senior Director, Head of ESG Investment Management, Russell Investments.
  • “Most striking, this year only 7% of respondents said that ESG factors do not drive investment decisions, markedly down from the 22% recorded in 2022.
  • A significant shift was observed, where only 7% claimed that ESG factors do not influence investment decisions, down from 22% in 2022.

Franklin Templeton Establishes Partnership with Venerable

Retrieved on: 
Monday, October 16, 2023
Asset Management, Professional Services, Insurance, Finance, Partnership, Russell Investments, VVIT, Legg Mason, ClearBridge Investments, The Venerable, Franklin Templeton Investments, Financial adviser, Asset management

Franklin Templeton is deepening its asset management leadership in the insurance industry by entering into a partnership with Venerable Holdings, Inc. (“Venerable”).

Key Points: 
  • Franklin Templeton is deepening its asset management leadership in the insurance industry by entering into a partnership with Venerable Holdings, Inc. (“Venerable”).
  • Venerable today announced that Venerable Investment Advisers, LLC (“Venerable Advisers”), its new wholly-owned subsidiary, intends to engage Franklin Templeton to provide sub-advisory services with respect to certain funds in its newly formed Venerable Variable Insurance Trust (“VVIT”).
  • This will include discretionary sub-advisory mandates, managed by Franklin Templeton Investment Solutions, partnering with Brandywine Global, ClearBridge Investments, Franklin Equity Group, Franklin Templeton Fixed Income, and Western Asset Management.
  • The sub-advised strategies referenced are the Venerable Large Cap Strategic Equity Fund, Venerable Strategic Bond Fund and Venerable High Yield Fund.

Russell Investments Announces Partnership With Venerable to Build New Multi-Manager Variable Annuity Platform

Retrieved on: 
Monday, October 16, 2023
Professional Services, Data Analytics, Insurance, Finance, Asset Management, Fintech, Consulting, Partnership, Investment, Research, Russell Investments, Franklin Templeton Investments, Form N-1A, Risk, Securities and Exchange Commission of Pakistan, VVIT, Form, The Venerable, Financial adviser

Russell Investments is leveraging its multi-manager investment, risk and implementation platform in a new strategic partnership with Venerable Holdings, Inc. (“Venerable”).

Key Points: 
  • Russell Investments is leveraging its multi-manager investment, risk and implementation platform in a new strategic partnership with Venerable Holdings, Inc. (“Venerable”).
  • Venerable today announced that Venerable Investment Advisers, LLC (“Venerable Advisers”), its new wholly-owned subsidiary, intends to engage Russell Investments to provide sub-advisory and administration services to funds in its newly formed Venerable Variable Insurance Trust (“VVIT”).
  • “We are thrilled to help Venerable deliver innovative investment solutions through its variable annuities platform,” said Russell Investments’ Chairman and CEO Zach Buchwald.
  • The deep investment management expertise of Franklin Templeton combined with the leading investment solutions of Russell Investments will be a tremendous asset to us.

Venerable Announces Partnerships With Russell Investments and Franklin Templeton

Retrieved on: 
Monday, October 16, 2023
Accounting, Professional Services, Insurance, Finance, Russell Investments, Franklin Templeton Investments, Form N-1A, Communication, Prospectus, Securities and Exchange Commission of Pakistan, VVIT, Form, The Venerable, Sale, Financial adviser, Security (finance)

Venerable Holdings, Inc. (“Venerable”) today announced that Venerable Investment Advisers, LLC (“Venerable Advisers”), its new wholly-owned subsidiary, intends to engage investment advisory subsidiaries of Russell Investments and Franklin Resources, Inc. (“Franklin Templeton”) to provide sub-advisory services with respect to Venerable Variable Insurance Trust (“VVIT”).

Key Points: 
  • Venerable Holdings, Inc. (“Venerable”) today announced that Venerable Investment Advisers, LLC (“Venerable Advisers”), its new wholly-owned subsidiary, intends to engage investment advisory subsidiaries of Russell Investments and Franklin Resources, Inc. (“Franklin Templeton”) to provide sub-advisory services with respect to Venerable Variable Insurance Trust (“VVIT”).
  • “It was important to select partners with the right capabilities and expertise as we establish Venerable Advisers.
  • The deep investment management expertise of Franklin Templeton combined with the leading investment solutions of Russell Investments will be a tremendous asset to us and our policyholders,” said Tim Brown, President of Venerable Advisers.
  • Jacob Armstrong, Franklin Templeton’s Head of Insurance Strategic Distribution, noted, "With more than 75 years of investment management expertise, Franklin Templeton has a long history of managing insurance assets.

SMArtX Advisory Solutions Launches SMArtY, the Manager-Sponsored Strategist Platform

Retrieved on: 
Thursday, September 28, 2023
SMARTY, RIAS, Russell Investments, Investment, Financial adviser

WEST PALM BEACH, Fla., Sept. 28, 2023 /PRNewswire/ -- SMArtX Advisory Solutions ("SMArtX"), a leading innovator in managed accounts technology, today launched SMArtY, the highly anticipated manager-sponsored strategist platform. The platform is built utilizing SMArtX's award-winning managed accounts technology. SMArtY is designed to deliver a turnkey, cost-effective managed accounts platform focused on world-class asset managers, automated investment management workflows, and tax efficient account administration with asset managers offsetting the platform fee.

Key Points: 
  • Russell Investments is the First to Offer Strategies Through SMArtY, with More Firms Being Added Next Week
    WEST PALM BEACH, Fla., Sept. 28, 2023 /PRNewswire/ -- SMArtX Advisory Solutions ("SMArtX"), a leading innovator in managed accounts technology, today launched SMArtY, the highly anticipated manager-sponsored strategist platform.
  • SMArtY is designed to deliver a turnkey, cost-effective managed accounts platform focused on world-class asset managers, automated investment management workflows, and tax efficient account administration with asset managers offsetting the platform fee.
  • The SMArtY platform is another demonstration of SMArtX Advisory Solutions' innovative managed accounts technology that powers several investment solutions throughout the industry.
  • "The launch of the SMArtY platform showcases another instance of SMArtX's managed accounts technology creating a solution to solve advisor challenges.

Russell Investments’ Q4 2023 Global Market Outlook: Strategists See Limited Upside for Equities, Mild Recession in 2024

Retrieved on: 
Tuesday, September 26, 2023
Finance, Consulting, Professional Services, Other Professional Services, Asset Management, Overalls, Real estate investment trust, Growth, United States Department of the Treasury, Russell Investments, Treasury, Bank, Security (finance), Fed

“A soft landing for the U.S. economy where recession is avoided is possible, but we still think a mild recession is likely,” said Andrew Pease, global head of investment strategy at Russell Investments.

Key Points: 
  • “A soft landing for the U.S. economy where recession is avoided is possible, but we still think a mild recession is likely,” said Andrew Pease, global head of investment strategy at Russell Investments.
  • The team believes 10-year U.S. Treasury yields near 4.3% offer good value and recession risks provide cycle support.
  • Russell Investments’ strategists summarize their Q4 2023 asset-class preferences as follows:
    Equities have limited upside with recession risk on the horizon.
  • Oil has benefited from the OPEC+ supply cuts, though the upside appears limited given the subdued Chinese economy.

Crescent Capital Group Announces Hiring of Jason Moss as Managing Director, Head of Western U.S. Region in the Investor Solutions Group

Retrieved on: 
Tuesday, September 26, 2023
Banking, Asset Management, Professional Services, Finance, Crescent Capital Group, Marketing, JPMorgan Chase, Russell Investments, Capital Group Companies, Security (finance), Crescent, Verus

Crescent Capital Group LP, a leading alternative credit investment firm, announced today that Jason Moss has joined the firm as Managing Director, Head of Western U.S.

Key Points: 
  • Crescent Capital Group LP, a leading alternative credit investment firm, announced today that Jason Moss has joined the firm as Managing Director, Head of Western U.S.
  • Region in the Investor Solutions Group.
  • “As we continue to build out our U.S.-based Investor Solutions Group amid a strong uptick in demand for Crescent’s alternative credit product, we are thrilled to welcome Jason to our team,” said Jonathan Harari, Global Head of Investor Solutions at Crescent Capital.
  • I look forward to partnering with the Crescent team to bring new ideas and solutions to clients," said Mr. Moss.

SMArtX Advisory Solutions to Launch Pioneering SMArtY Platform with Russell Investments' Model Portfolios

Retrieved on: 
Thursday, September 21, 2023
PALM, Russell Investments, TAMP, Head, Research, SMARTY, UMA, RIAS, Cryptocurrency, Financial adviser

WEST PALM BEACH, Fla., Sept. 21, 2023 /PRNewswire/ -- SMArtX Advisory Solutions ("SMArtX"), a leading innovator in unified managed accounts (UMA) technology and architect of the SMArtX turnkey asset management platform ('TAMP'), today announced its strategic collaboration with Russell Investments as the inaugural asset management firm to offer its investment strategies through the innovative SMArtY platform. SMArtY, developed by SMArtX Advisory Solutions, is a manager-sponsored no fee strategist platform that harnesses the power of SMArtX's acclaimed managed accounts technology. The platform will launch to the public on September 28th and professionals can join the waitlist for exclusive early access. (Join the waitlist HERE)

Key Points: 
  • SMArtY, developed by SMArtX Advisory Solutions, is a manager-sponsored no fee strategist platform that harnesses the power of SMArtX's acclaimed managed accounts technology.
  • The platform will launch to the public on September 28th and professionals can join the waitlist for exclusive early access.
  • Jonathan Pincus, CEO of SMArtX Advisory Solutions, expressed his enthusiasm for the relationship, stating, "We are excited to welcome Russell Investments as the pioneer asset manager on our groundbreaking SMArtY platform.
  • To learn more about the pioneering SMArtY platform and secure your spot on the waitlist, please visit: HERE .

GraniteShares Appoints Paul Marino as Chief Revenue Officer

Retrieved on: 
Wednesday, September 6, 2023
ETP, NCAA, Business development, ETF, Fordham University, Russell Investments, Marketing, Teaching, NCAA Division III, Allianz Life, Bachelor of Technology, Science, Organization, Communication Arts (magazine), Newsday, Communication, Federated Hermes, BFA, New York Life Insurance Company, Management

New York, NY, Sept. 06, 2023 (GLOBE NEWSWIRE) -- GraniteShares, the U.S. ETF issuer, is pleased to announce the appointment of Paul Marino as Chief Revenue Officer (CRO). Marino brings with him 23 years of expertise in sales, strategy and business development in the financial services industry.

Key Points: 
  • New York, NY, Sept. 06, 2023 (GLOBE NEWSWIRE) -- GraniteShares , the U.S. ETF issuer, is pleased to announce the appointment of Paul Marino as Chief Revenue Officer (CRO).
  • Marino brings with him 23 years of expertise in sales, strategy and business development in the financial services industry.
  • In his new role as CRO, Marino will oversee all aspects of marketing, business development, and sales across GraniteShares’ core ETFs and single-stock exchange-traded products (ETPs).
  • “Welcoming Paul to the GraniteShares team marks a significant milestone for our organization,” said Rhind.