First Business Financial Services, Inc. Set to Join Russell Microcap Index
22 Juni 2011 - 6:00PM
First Business Financial Services, Inc. (Nasdaq:FBIZ) will join the
Russell Microcap® Index when Russell Investments reconstitutes its
family of U.S. indexes on June 24, 2011 according to a preliminary
list of additions posted on www.russell.com/indexes.
Membership in the Russell Microcap Index, which remains in place
for one year, means automatic inclusion in the appropriate growth
and value style indexes. Russell determines membership for its
equity indexes primarily by objective, market-capitalization
rankings and style attributes.
Corey Chambas, President and CEO, commented, "We are excited to
be included in the Russell index. This will create additional
exposure for First Business which we believe is very positive for
our company."
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for both
passive and active investment strategies. An industry-leading $3.9
trillion in institutional assets currently are benchmarked to
them.
Annual reconstitution of Russell Indexes captures the 4,000
largest U.S. stocks as of the end of May, ranking them by total
market capitalization to create the Russell 3000Ò Index and Russell
Microcap. These investment tools originated from Russell's
multi-manager investment business in the early 1980s when the
company saw the need for a more objective, market-driven set of
benchmarks in order to evaluate outside investment managers.
More information on the Russell Microcap and other Russell
Indexes, including daily returns, is available at
http://www.russell.com/Indexes/data/default.asp.
About Russell
Russell Investments provides strategic advice, world-class
implementation, state-of-the-art performance benchmarks and a range
of institutional-quality investment products. Russell has more than
$161 billion in assets under management as of March 31 2011, and
serves individual, institutional and advisor clients in more than
35 countries. Founded in 1936, Russell is a subsidiary of The
Northwestern Mutual Life Insurance Company.
About First Business Financial Services,
Inc.
First Business Financial Services (Nasdaq:FBIZ) is a $1.1
billion Wisconsin-based bank holding company that specializes in
focused financial solutions for businesses, key executives, and
high net worth individuals through its operating companies. It is
the 3rd largest Wisconsin-based commercial bank holding company
listed on NASDAQ or NYSE. Its companies include: First Business
Bank - Madison; First Business Bank - Milwaukee; First Business
Bank - Northeast; First Business Trust & Investments; First
Business Equipment Finance, LLC; and First Business Capital Corp.
For additional information, visit www.firstbusiness.com or call
(608) 238-8008.
The First Business Financial Services, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=2667
CONTACT: Barbara M. Conley
Senior Vice President and General Counsel
First Business Financial Services, Inc.
608-232-5902
bconley@firstbusiness.com
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