Products October 31, 2007

FundQuest Offers Two Russell Managed Accounts to RIAs

October 31, 2007 (PLANSPONSOR.com) - FundQuest is offering two of Russell's managed account programs to independent registered investment advisers (RIAs).
Reported by

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 that offers five options from a mix of 20% stock funds / 80% bond funds to 100% stock funds. The funds are continuously monitored and automatically rebalanced.

Get more!  Sign up for PLANSPONSOR newsletters.

“RIA firms want to have an array of quality investment choices and they have a high regard for Russell’s products. 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.

Russell funds are distributed through Russell Fund Distributors, Inc., member FINRA, and part of Russell Investment Group.

More about FundQuest is at www.fundquest.com .

Administration October 30, 2007

Survey: Qualitative Measures Impt. For Manager Selection

October 30, 2007 (PLANSPONSOR.com) - A recent Russell Investments survey found that 75% of U.S. money managers cited qualitative factors such as philosophy, people and process as being 'extremely important' in judging a manager.
Reported by

A Russell news release said 51% mentioned quantitative information, such as performance and risk, as “extremely important.”  

“The money managers we surveyed had clear and consistent views regardless of size or asset class. When evaluating and selecting a money manager, it is important to be adept at considering qualitative factors such as the underlying investment philosophy, the professionals involved and the consistency of the investment process. It is these characteristics that money managers believe should be considered during a comprehensive evaluation process,” said Andrew Klebanow, a consultant with Greenwich Associates, in the news release.

For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.

The study, which was commissioned by Russell Investments and independently conducted by Greenwich Associates, involved responses from 112 domestic equity/fixed income and global equity/fixed income institutional money managers.

Interviews were conducted via the internet with follow up calls from January to April 2007.         

«