Published on 16 May 2023 on Market Watch
U.S. stocks will soon be reshuffled in the Russell reconstitution. Here’s how Goldman Sachs sees the...
Stock-market investors are soon facing a reconstitution of U.S. Russell indexes, an annual process resulting in the deletion and addition of companies in widely-followed benchmarks.
Almost $4 trillion of assets under management is benchmarked to major Russell indexes, which are set to be rebalanced after the stock market’s close on June 23, according to a Goldman Sachs Group research report published Monday evening.