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Russell Investments sells for $2.7 billion and the new owner will flip its $250-billion asset manager -- yet again

The once-proud, family-owned Seattle firm is being sold by Northwestern Mutual and stripped for parts -- its indexes -- with its asset-management business as the throwaway

Author Brooke Southall June 28, 2014 at 12:18 AM
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John Schlifske: The proceeds from the sale will cap off what has proven to be a good investment for Northwestern Mutual.

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Russell Investments
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Top Executive: Jennifer Tice



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