Products October 31, 2007

FundQuest Offers Two Russell Managed Accounts to RIAs

FundQuest’s managed account platform now includes two of Russell’s managed account programs to independent registered investment advisers (RIAs).
Reported by

The two accounts are:

  • Russell Mutual Fund Model Strategies includes five core models and five tax-managed models, according to a news release. This mutual fund wrap account is diversified across up to four asset classes, eight funds, nineteen styles, and up to forty-eight specialist money managers.
  • Russell LifePoints Funds—Target Portfolio Series is a fund-of-funds lifecycle suite that offers five funds with equity exposure that varies from a fund with 20% stock funds and 80% bond funds to a fund invested in 100% stock funds. The funds are continuously monitored and automatically rebalanced.

“Now independent RIAs can get Russell’s offerings combined with FundQuest’s advanced technology and operational services,’ said David Root, VP of Institutional Sales at FundQuest, in the release.

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Russell funds are distributed through Russell Fund Distributors, Inc., member FINRA, and part of Russell Investment Group. Russell Investment Group provides investment products and services to RIAs and has more than $231 billion in assets under management.

More about FundQuest is at www.fundquest.com.

The Markets October 31, 2007

Barclays Launches Inflation-Linked Emerging Market Debt Indexes

Barclays Capital, the investment banking division of Barclays Bank PLC, announced the launch of a family of local currency Emerging Market Government Inflation-Linked Bond (EMGILB) benchmark indexes.
Reported by

According to the announcement, this is the first time a full family of indexes has been available to asset managers and institutional investors looking for a representative benchmark for government inflation-linked debt within developing nations. The indexes were created by the Barclays Capital Index Products Group and approved by the independent Barclays Capital Inflation-linked Index Committee.

Individual indexes track the performance of inflation-linked bonds issued by the sovereign governments of Argentina, Brazil, Chile, Colombia, Mexico, Poland, South Korea, and Turkey. These indexes (along with the pre-existing Barclays/BESA South African Inflation-Linked Bond Index) are then used to create indexes tracking debt within Latin America, Asia, Eastern Europe, Middle East, and Africa (EEMEA), the announcement said. All of these component indexes then roll up to form the Emerging Market Government Inflation-Linked Bond benchmark index.

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Barclays Capital will also make customized indexes available and provide support and analytics for these indexes via Web based and other e-commerce protocols. The indexes are calculated daily and use standard settlements and market calendars most appropriate for international investors.

Complete index rules are available in Barclays Capital’s new Inflation-linked Emerging Markets Index Guide.

More information can be found at www.barclayscapital.com.

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