London-based investment research firm Elston Consulting has launched a new multi-asset index, built using ETFs, that utilizes a dynamic risk-parity weighting methodology. Henry Cobbe, Head of Research at Elston Consulting, commented, “Indices are evolving from simple building blocks into dynamic strategies to provide lower cost alternatives to an investor’s diversification toolkit. The Dynamic Risk Parity index offers a systematic approach to risk-based diversification in a way that is convenient, transparent and liquid.”

Queens’ College, Cambridge has allocated part of its £55m global equity investment exposure to a self-managed portfolio constructed using equity sector ETFs, specifically to exclude extractive and carbon-intensive industries. The move is part of a package of measures developed by specialist consultant ElstonETF to enable Queens’ to respond to the concerns of the carbon divestment lobby without losing sight of primary investment objectives.

Elston Consulting has licensed the Elston Strategic Beta Global Minimum Volatility Index to Commerzbank for the creation of an investable certificate. The index, composed exclusively with ETFs, provides a globally diversified multi-asset long-term growth strategy while minimizing portfolio volatility through Elston’s proprietary optimization approach. Ranye Lu, Quant Strategist, Elston Consulting, said: “This index has been tested through some volatile times, and we are satisfied that it has delivered in line with its design brief.”

London-based investment research and advisory firm Elston Consulting has celebrated the one year anniversary since the launch of its two smart beta indexes, reflecting the success of smaller players in the smart beta space.The Elston Strategic Beta Global Maximum Sharpe Index and the Elston Strategic Beta Global Minimum Volatility Index use a risk-based methodology compared to the more commonly used factor-based approach. The dynamic, multi-asset strategies use long-only ETFs and are denominated in British pounds.

Elston Consulting, a London-based investment research and advisory firm, has announced the launch of the Elston Strategic Beta Indices. The indices, which are aimed at institutional investors, offer outcome-oriented asset allocation strategies that are diversified across multiple global asset classes. The investment process provides a quantitative, methodical and objective approach to creating dynamic diversified growth strategies that isolate and capture shifting risk premia across asset classes. The strategies are delivered using ETFs. Maria Zahn, Head of Institutional Clients at Elston Consulting, commented: “While there is growing popularity for low-cost ETFs, we think the real value is from combining them intelligently to deliver on client outcomes.”