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Russell Investments sold to B Capital-led group as ETFs show strong 2026 gains

Market News
09 Jul 2026
ETF Trends
View Source
Bullish
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Russell Investments is being acquired by a consortium led by B Capital, including CalPERS, from TA Associates and Reverence Capital Partners. The deal highlights growing interest in Russell's ETF business, which has seen double-digit gains in 2026, notably in emerging markets and small-cap funds. With $416 billion in assets under management and over 15% organic growth in two years, Russell aims to leverage new ownership to enhance innovation and long-term investing. The acquisition is expected to close in early 2027, pending regulatory approval.

More News

Vishay launches a compact automotive optocoupler with top-tier signal immunity and 707 V isolation voltage.

Vishay launches a compact automotive optocoupler with top-tier signal immunity and 707 V isolation voltage.

Vishay Intertechnology introduced the VOMHA43A, a high-speed automotive optocoupler in a narrow 3.6 mm SOP-5 package that saves PCB space while enhancing signal quality. It offers industry-leading common mode transient immunity of 40 kV/µS and a peak...

Others
Bullish
3 hours ago
Google adds AI disclosure to ads to boost transparency for users.

Google adds AI disclosure to ads to boost transparency for users.

Google is introducing a new feature in its "My Ad Center" that shows users when an ad was created or edited using AI technology. This aims to increase transparency as AI-generated ads can be misleading if consumers believe the images are real product...

Market News
Neutral
4 hours ago
Class action firm investigates major mergers and sales, urging shareholders to act before upcoming votes.

Class action firm investigates major mergers and sales, urging shareholders to act before upcoming votes.

Monteverde & Associates PC, a top class action law firm, is investigating several major corporate transactions including NCS Multistage Holdings' merger with Weatherford International, Global Business Travel Group's sale to Long Lake Management, Legg...

Company Fundamentals
Neutral
4 hours ago
Major central banks reject forward guidance, signaling more market uncertainty ahead.

Major central banks reject forward guidance, signaling more market uncertainty ahead.

At the recent ECB Sintra Forum, top central bank leaders including Fed Chair Kevin Warsh, ECB President Christine Lagarde, BoE Governor Andrew Bailey, and BoC Governor Tiff Macklem collectively opposed the use of forward guidance on interest rates. T...

Market News
Neutral
4 hours ago
$292M lost in KelpDAO hack exposes critical oracle risk in cross-chain crypto protocols

$292M lost in KelpDAO hack exposes critical oracle risk in cross-chain crypto protocols

The KelpDAO exploit drained $292 million by compromising LayerZero's oracle network, highlighting a major vulnerability in cross-chain DeFi protocols. Attackers used social engineering to breach LayerZero's Decentralized Verifier Network (DVN), explo...

Market News
Bearish
4 hours ago
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