SEATTLE, WA--(Marketwire - September 5, 2012) - Four of the five ASEAN (association of southeast asian nations) country constituents in the Russell Asia-Pacific Index outperformed the Index year-to-date as of September 3rd, 2012.
The Philippines (+25.6%), Thailand (+25.0%) and Singapore (+24.5%) were the top performing ASEAN country constituents within the Russell Asia Pacific Index year-to-date as of September 3rd, 2012 relative to a 6.0% return for the Index for the same time period.
Indonesia (+1.2%) was the one ASEAN country constituent which underperformed the Russell Asia-Pacific Index year-to-date as of September 3rd.
"Year-to-date performance for ASEAN equities as illustrated by index returns has been relatively strong and may reflect the broad view that these economies are insulated from such things as the European debt crisis, the US fiscal cliff, and even the slowdown in China," said Sarah Lien, Senior Research Analyst for Russell Investments. "Indonesia is the one area in the region that apparently has not kept pace. This market is more export-oriented and is still troubled by relatively high inflation compared to the other regional markets."
Russell Asia Pacific Index & ASEAN Constituents Returns
Index | Year-To-Date |
Russell Asia-Pacific Index | 6.0% |
Country | Year-To-Date |
Indonesia | 1.2% |
Malaysia | 12.0% |
Philippines | 25.6% |
Singapore | 24.5% |
Thailand | 25.0% |
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 benchmark are classified according to size, region, country and sector. Daily Returns for the main components are available here: http://www.russell.com/indexes/data/daily_total_returns_global.asp
Disclaimer: http://www.russell.com/indexes/about/index_alerts.asp#disclaimer
Contact Information
For further information contact:
Lauren Goble
lauren@ryanfin.com
+852 9703 9161
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