CHAPTER 25Equity Style Indexes: Tools for Better Performance Evaluation and Plan Management

By Kelly Haughton and Jon Christopherson

Soon after the launch of the Russell style indexes in 1987, Kelly Haughton and Jon Christopherson wrote the following paper to explain the ideas and research underlying the indexes and their intended uses. The paper was distributed to Russell clients in September 1989 but was never published externally. Although certain details of index construction have evolved since this paper was written—the current Russell style methodology is described in Chapter 26—the essential ideas are as applicable today as they were then. The paper is reproduced here, excluding historical data tables and appendixes.

Note: The Russell ...

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