Last Friday we announced preliminary changes to the Russell US Indexes for our 33rd annual Russell Reconstitution. More than $10 trillion is benchmarked to these indexes—and the annual “Russell Recon” is critical to ensuring they accurately represent the ever-changing US equity market.
Every year in June, all eyes are on the reconstitution not only in the interest of rebalancing assets that track them, but also for the story it tells about the preceding year in US equity markets. And while the 2020 reconstitution narrative was largely about divergent markets where small caps got smaller and large caps got bigger, the 2021 story is about widespread market recovery across all size segments.
You can now read the full blog post at the link below