SEATTLE, WA — (Marketwire) — 01/19/12 — Year-to-date through January 18th, 2012:
The Russell Global ex-US Small Cap Index (+5.8%) outperformed the Russell Global ex-US Large Cap Index (+5.1%).
The Russell Developed Europe Small Cap Index (+6.2%) outperformed the Russell Developed Europe Large Cap Index (+3.7%).
The Russell 2000® Index of small cap U.S. stocks (+6.6%) outperformed the Russell 1000® Index of large cap U.S. stocks (+5.7%).
Similar small-cap sector outperformance within the Russell Developed Europe Index in 2012 has occurred in France, Italy and the Netherlands. Germany is the sole exception to this trend within the Russell Developed Europe Index in 2012, with the large cap sector outperforming the small cap sector year-to-date.
This is a reversal in fortune for the large cap sector which outperformed the small cap sector across all these indexes in 2011.
“Small cap stocks have traditionally led in the early stages of a recovery, and the global trend we see thus far in 2012 is encouraging,” said Russell Europe-s head of capital markets John Velis. “But we are still a long way from recovery in Europe and there are still a number of factors which need to fall into place.”
Opinions expressed by Mr. Velis reflect market performance and observations as of January 18th, 2012 and are subject to change at any time based on market or other conditions without notice. Please remember that past performance does not guarantee future performance.
The Russell Global Index includes more than 10,000 securities in 48 countries and covers 98% of the investable global market. All securities in the index are classified according to size, region, country and sector. Daily Returns for the main components are available here:
Disclaimer: