Russell Expands Fixed Income Index Offerings (2 min read)
FTSE Russell who is known for their equity indexes just added three new fixed income indexes. The new indexes will track the corporate bonds, including high yield and investment grade bonds, in the Russell 1000, Russell 2000, and the Russell 3000 equity indexes. The new products came at a time when investors are looking for greater fixed income exposure in the current rising rate environment. Currently there are 83 ETFs that follow FTSE Russell indexes.