Maiden Holdings Rejoins Russell 2000 Index
Maiden Holdings, Ltd. announced that it has rejoined the Russell 2000 Index.
Patrick J. Haveron and Lawrence F. Metz, Maiden’s Co-Chief Executive Officers stated: “Maiden’s rejoining the Russell 2000 index reflects the progress we have made in creating and increasing shareholder value, particularly over the last year, as we have returned to profitability and significantly increased our book value. We are grateful to our team for their contributions to that success.
“We believe the increased visibility and investment community exposure that comes with rejoining the Russell indices will expose more investors to Maiden’s progress and further our ability to pursue our strategic plan.”
“Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $10.6 trillion in assets are benchmarked against Russell’s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider,” the company noted.
