BOSTON, MA, July 2, 2024 — Every year, much is written about the Russell index reconstitution. We offer insights on two of the more noteworthy outcomes of the 2024 rebalance: increases in both the Russell 1000 Growth weight concentration and the Russell 1000 Value name count. As we will discuss, these two phenomena are related and unusual compared to history. Because of these unusual circumstances, we believe investors in these passive indexes should consider allocating capital to active managers.

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