Russell Investments' sale to CalPERS expands existing ties and paves way for Vanguard-like reputational boost -- not to mention a reprieve from debt albatross, if it plays its cards right, analyst says
The Seattle money manager says a 'mutual familiarity and a shared understanding' undergird its relationship with the $580-billion pension system and Russell sees a 'significant opportunity' for 'footprint' beyond 40,000 advisors
Read the full story