AuthenTec Added to Russell 3000 and Global Indexes
June 25 2012 - 9:00AM
Business Wire
AuthenTec (NASDAQ:AUTH), a leading provider of mobile and
network security, has been added to the Russell 3000® Index and
Russell Global Index following publication by Russell Investments
of the final additions and deletions to the Russell Global, Russell
3000 and Russell Microcap® Indexes on June 22.
Annual reconstitution of Russell’s U.S. indexes captures the
4,000 largest U.S. stocks as of the end of May, ranking them by
total market capitalization. Membership in the Russell 3000, which
remains in place for one year, means automatic inclusion in the
large-cap Russell 1000® Index or small-cap Russell 2000® Index as
well as the appropriate growth and value style indexes. The Russell
3000 also serves as the U.S. component to the Russell Global Index,
which Russell launched in 2007. Russell determines membership for
its equity indexes primarily by objective, market-capitalization
rankings and style attributes.
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for both
passive and active investment strategies. In the institutional
marketplace, an industry-leading $3.9 trillion in assets currently
are benchmarked to them. Russell calculates more than 80,000
benchmarks daily covering approximately 98 percent of the
investable market globally, 83 countries and more than 10,000
securities. These investment tools originated from Russell’s
multi-manager investment business in the early 1980s when the
company saw the need for a more objective, market-driven set of
benchmarks in order to evaluate outside investment managers.
Total returns data for the Russell 3000 and other Russell
Indexes is available at
http://www.russell.com/indexes/data/US_Equity/Russell_US_Index_returns.asp.
About Russell
Russell Investments (Russell) is a global asset manager and one
of only a few firms that offers actively managed, multi-asset
portfolios and services that include advice, investments and
implementation. Working with institutional investors, financial
advisors and individuals, Russell’s core capabilities extend across
capital markets insights, manager research, Indexes, portfolio
implementation and portfolio construction. Russell has
approximately $155 billion in assets under management (as of
3/31/2012) and works with 2,400 institutional clients, more than
580 independent distribution partners and advisors, and individual
investors globally. Founded in 1936, Russell is a subsidiary of The
Northwestern Mutual Life Insurance Company.
About AuthenTec
AuthenTec is a leading provider of mobile and network security.
The Company's diverse product and technology offering helps protect
individuals and organizations through secure networking, content
and data protection, access control and strong fingerprint security
on PCs and mobile devices. AuthenTec encryption technology,
fingerprint sensors and identity management software are deployed
by the leading mobile device, networking and computing companies,
content and service providers, and governments worldwide.
AuthenTec's products and technologies provide security on hundreds
of millions of devices, and the Company has shipped more than 100
million fingerprint sensors for integration in a wide range of
portable electronics including over 20 million mobile phones. Top
tier customers include Alcatel-Lucent, Cisco, Fujitsu, HBO, HP,
Lenovo, LG, Motorola, Nokia, Orange, Samsung, Sky, and Texas
Instruments. Learn more at authentec.com or follow us on
twitter.com/authentecnews.
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