AngloGold to join Russell 3000, other Russell equity indexes
Global gold miner AngloGold Ashanti has been named for the first time as a preliminary addition to the Russell 1000 or Russell 2000, the Russell 3000 and the Russell Midcap Indexes, as part of the latest FTSE Russell 2025 US Indexes reconstitution.
Final index membership will become effective after the US market closes on June 27, with rebalanced index constituents reflected in trading beginning June 30.
"This is an important milestone for AngloGold Ashanti. Our inclusion in this important family of US equity market indexes will help further increase liquidity and unlock long-term value for our shareholders," says AngloGold CEO Alberto Calderon.
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
According to data as of the end of June 2024, about $10.6-trillion in assets are benchmarked against the Russell US Indexes, which belong to FTSE Russell, the global index provider.
The reconstitution of the Russell US Indexes ranks the 4 000 largest US stocks by market capitalisation to reflect changes in the investable equity market. This year's rebalance is expected to drive more than $53-billion in passive flows, and marks one of the highest-volume trading days of the year.
AngloGold's anticipated inclusion in these benchmark equity indexes follows the move of the company's primary listing to the NYSE in September 2023.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation