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Founded by Frank Russell in 1936 in Tacoma, Washington, [10] [11] Russell Investments began as a stockbroker and consultant, and later created the Russell 2000 Index, one of the most followed stock market indices in the U.S. [12] His grandson, George Russell, has been credited with expanding the company and pioneering the business of pension consulting when he secured J. C. Penney as the first ...
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The brand and division FTSE Russell was introduced in 2015, while integrating the indexing services of FTSE index series and Russell index series. [2] In the same year, LSEG sold Frank Russell Company's asset management division Russell Investments. [3] [4] Also in 2015, FTSE Russell acquired the corporate data company Mergent. [5]
On 26 June 2014, the LSE announced it had agreed to buy Frank Russell Co., making it one of the largest providers of index services. [21] In January 2015, Reuters reported that the London Stock Exchange Group planned to put Russell Investments up for sale, and estimates the sale will produce $1.4 billion. [22]
Frank Best's oldest son, Walter Best, owned the majority shares of the three Best companies and served as President from 1966 through 1994 and it was during his tenure that the full line of mechanical lock hardware was developed. Russell Best, grandson of Frank Best, acquired Best Lock Corporation in May 1994 from his father, Walter Best.
Frank Russell, 2nd Earl Russell (1865–1931), British politician and brother of Bertrand Russell; Ted Malone (1908–1989), ne Frank Russell, American radio broadcaster; Frank Henry Russell (1878–1947), American aviation pioneer; Frank Russell (anthropologist) (1868–1903) Frank Russell (baseball) (1921–1984), American Negro leagues ...
FTSE International Limited trading as FTSE Russell [nb 1] (/ ˈ f ʊ t s i / "Footsie") is a British provider of stock market indices and associated data services, wholly owned by the London Stock Exchange (LSE) and operating from premises in Canary Wharf. [1] It operates the well known UK FTSE 100 Index as well as a number of other indices. [2]
3 Requesting edits to factual inaccuracies on the Russell Investments Wikipedia page.