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Published on 3/13/2012 in the Prospect News Fund Daily.

Three Russell funds make changes to portfolio management, strategies

By Toni Weeks

San Diego, March 13 - Russell Investment Funds announced several changes to some of its funds in a 497 filing with the Securities and Exchange Commission.

The Multi-Style Equity Fund is no longer employing a "select holdings" strategy. Brian C. Mock, who managed the portion of the fund allocated to the select holdings strategy, is no longer a portfolio manager of the fund.

The Aggressive Equity Fund's money managers are now ClariVest Asset Management LLC, Conestoga Capital Advisors, LLC, DePrince, Race & Zollo, Inc., Jacobs Levy Equity Management Inc., Ranger Investment Management, LP and Signia Capital Management, LLC.

Matthew Beardsley is the primary portfolio manager of the Non-U.S. Fund, replacing James A. Jornlin.

Seattle-based Russell Investment Management Co., or RIMCo, serves as the funds' investment adviser.


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