Business & Finance
Tue, June 29, 2010Mon, June 28, 2010Sun, June 27, 2010Sat, June 26, 2010Fri, June 25, 2010Thu, June 24, 2010Wed, June 23, 2010Tue, June 22, 2010Mon, June 21, 2010Sun, June 20, 2010Sat, June 19, 2010Fri, June 18, 2010Kennedy Wilson Joining Russell 2000 Index
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Published in Business and Finance on Thursday, June 24th 2010 at 5:26 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
BEVERLY HILLS, Calif.--([ BUSINESS WIRE ])--International real estate investment and services company Kennedy Wilson (NYSE: KW) today announced that the Company will join the Russell 2000® Index when Russell Investments reconstitutes its comprehensive set of U.S. and global equity indexes on June 25, 2010.
"This inclusion is a reflection of the companya™s growth and will help to provide increased visibility of the firma™s activities."
aWe are very pleased about the addition of Kennedy Wilson to the Russell 2000® Index,a chairman and CEO of Kennedy Wilson, William J. McMorrow, commented. aThis inclusion is a reflection of the companya™s growth and will help to provide increased visibility of the firma™s activities.a
The Russell 2000® Index measures the performance of the small-cap segment of the U.S. equity universe and is a subset of the Russell 3000® Index. The Russell 3000® Index measures the performance of the largest 3,000 U.S. companies representing approximately 98% of the investable U.S. equity market. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. An industry-leading $3.9 trillion in assets are currently benchmarked to them.
About Russell
Russell Investments provides strategic advice, world-class implementation, state-of-the-art performance benchmarks and a range of institutional-quality investment products. Russell has $179 billion in assets under management as of March 31, 2010, and serves individual, institutional and advisor clients in more than 40 countries. Founded in 1936, Russell is a subsidiary of The Northwestern Mutual Life Insurance Company.
About Kennedy Wilson
Founded in 1977, Kennedy Wilson is an international real estate investment and services company headquartered in Beverly Hills, CA, with 22 offices in the U.S. and Japan. The company offers a comprehensive array of real estate services including property and asset management, brokerage and auction services, and construction and trust management. Through its fund management and separate account businesses, Kennedy Wilson is a strategic investor and manager of real estate investments in the U.S. and Japan. For further information on Kennedy Wilson, please visit [ www.kennedywilson.com ].