Russell/Mellon has reported $6 trillion mark in assets under measurement for its more than 3,300 global institutional investment clients.
When Russell/Mellon was formed in 1999, it provided performance measurement products and analytics to a client base of 1,100, representing approximately $2 trillion in investment assets worldwide.
“In the six years since our inception, we have exceeded expectations by doubling our client base and significantly growing our assets under measurement. These accomplishments represent our global expansion, the release of new products and our ability to anticipate client demand and deliver cutting-edge performance measurement and analytics solutions,” said Bill Pryor, Russell/Mellon chief executive officer and president. “We continue to grow globally because we provide investment managers, fund sponsors and consultants with integrated performance, analytic, attribution, universes and risk analysis solutions all under one roof. These capabilities, combined with the depth and breadth of our data and our industry expertise, will help us reach future milestones.”
Assets under measurement is calculated as the total market value of all individual portfolios on which Russell/Mellon performs calculations and reports results to a client for a fee. These include performance measurement, attribution and analytics services.