GWG Holdings Added to the Russell 2000 Index
July 17 2019 - 4:15PM
GWG Holdings, Inc. (Nasdaq: GWGH), a financial services holding
company committed to transforming the alternative asset industry
through innovative liquidity products and related services for the
owners of illiquid alternative investments, today announced that
the company was added to the Russell 2000® Index when Russell
Investments reconstituted its comprehensive set of U.S. and global
equity indexes, effective July 1, 2019.
The Russell 2000 measures the performance of the small-cap
segment of the U.S. equity market and is considered an important
bellwether for the U.S. economy. Membership in the small-cap
Russell 2000 Index is primarily determined by objective,
market-capitalization rankings and style attributes and the list is
reconstituted each year from the 4,000 largest U.S. stocks as
of May 10, ranked by total market capitalization.
“We are pleased that our market capitalization has grown in size
sufficiently to qualify for inclusion in the Russell 2000,” said
Murray Holland, GWGH’s Chief Executive Officer. “Inclusion in this
important index will bring increased visibility to the company as
we build our unique platform providing liquidity to owners of
alternative assets.”
Russell US Indexes are widely used by investment managers and
institutional investors for passive funds and investment products
and as benchmarks for active investment strategies. Approximately
$9 trillion in assets are benchmarked against Russell US Indexes.
Russell US Indexes are part of FTSE Russell’s suite of index
offerings.
About GWG Holdings, Inc.
GWG Holdings, Inc. (Nasdaq: GWGH), the parent company of
GWG Life, Life Epigenetics and YouSurance, is a leading provider of
liquidity to consumers owning life insurance policies, an owner of
a portfolio of alternative assets, and the developer of epigenetic
technology for the life insurance and related
industries. GWG Life provides value to
consumers owning illiquid life insurance products across America,
delivering $593 million more for their policies since 2006 than the
cash surrender value on those policies. GWG Life owns a life
insurance policy portfolio of $2.05 billion in face value of policy
benefits as of December 31, 2018. Life
Epigenetics is working to commercialize epigenetic
technology for the life insurance and related
industries. YouSurance, a digital life
insurance agency, is working to embed epigenetic testing into life
insurance purchasing to provide consumers a value-added ecosystem
that supports their health and wellness while reducing the cost of
their insurance. GWGH also has a strategic investment in The
Beneficient Company Group, L.P., a financial services company
providing proprietary liquidity solutions to owners of alternative
assets.
Media Contact:Dan
CallahanDirector of CommunicationGWG Holdings, Inc.(612)
746-1935dcallahan@gwgh.com
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