Ossiam, a leading provider of smart beta exchange-traded funds, has unveiled the Ossiam Shiller Barclays CAPE US Sector Value TR UCITS ETF on the London Stock Exchange, the latest in a suite of value-focused sector-rotation ETFs. The new ETF tracks the Shiller Barclays CAPE US Sector Value Index and builds upon the success of Ossiam’s European sector value ETF which was listed in February 2015. The underlying indices are based on the Cyclically Adjusted Price-to-Earnings (CAPE) ratio devised by Nobel Prize-winning economist Robert Shiller.

Ossiam, a leading provider of smart beta exchange-traded funds, has introduced a distributing share class to the Ossiam FTSE 100 Minimum Variance UCITS ETF in response to investor demand. The fund, which holds a five-star Morningstar rating and has since inception outperformed the FTSE with lower volatility, is listed on the London Stock Exchange and based on the FTSE 100 Minimum Variance Index. This index is designed to minimise the volatility of the FTSE 100 based on historical return information, including the variance and correlations of constituents, thereby offering potential improvements to the risk reward trade-off of the index.

Ossiam, a leading provider of smart beta investment solutions, has teamed up with Barclays to launch the Ossiam Shiller Barclays CAPE Europe Sector Value TR UCITS ETF. The fund, which has been listed on the London Stock Exchange, is the first ETF globally to be based on the Shiller Barclays CAPE Sector Indices. The Shiller Barclays CAPE Sector Indices, developed jointly by Barclays and Nobel Prize-winning economist Professor Robert Shiller, use the Cyclically Adjusted Price-to-Earnings (CAPE) ratio as a valuation driver in a sector rotational strategy.

Barclays has announced that the Shiller Barclays CAPE Europe Sector Value Index has been licensed to the specialist investment manager Ossiam for use in an exchange-traded fund. The UCITS-compliant ETF is in the process of being passported in various European countries and listed on multiple exchanges. The Shiller Barclays CAPE indices, developed jointly by Barclays and Professor Robert Shiller, use the cyclically adjusted price-to-earnings (CAPE) ratio as a key valuation driver in a sector rotational strategy. The indices are designed to offer large cap equity market exposure with a value bias, and are intended for buy-and-hold investors with a multi-year time horizon. The first indices of the family, based on the US market, were launched in September 2012.

Ossiam, a leading European provider of smart beta exchange-traded funds, has revealed that assets under management have surpassed $2 billion. The Paris-based firm, which is an affiliate of Natixis Global Asset Management, was founded 2010 and has quickly established itself as one of the foremost providers of alternative beta strategies. Bruno Poulin, CEO of Ossiam, said: “The alternative-weighted index ETF market has developed considerably since our first fund launches in 2011. This is likely to be a long-term trend. Institutional and retail investors and their advisers have come to realise that alternative beta funds, including ETFs, can add value to their investment portfolios.”

The rise of smart beta products in the exchange-traded funds industry is a credit positive for asset managers with smart-beta focused ETF businesses, according to new report from Moody’s, a credit ratings agency. “The expansion of smart beta will benefit asset managers with businesses centred around smart beta the most,” says Stephen Tu, Vice President, Moody’s. “Invesco’s Powershares franchise, which offers smart beta ETFs, will benefit, as will BlackRock. Guggenheim may also benefit given the majority of its ETFs are based on non-traditional indexing.”

Ossiam, a European provider of exchange-traded funds (ETFs), has developed a smart beta strategy for investing in corporate bonds. The strategy, which incorporates Moody’s Analytics EDF (Expected Default Frequency) credit measures, will be the first risk-based credit strategy specifically designed to provide systematic long-only exposure to a liquid portfolio of investment-grade corporate bonds. In a statement, the Paris-headquartered firm said that strategy would be easily replicable with intraday liquidity, thus making it suitable for replication via an ETF.

S&P Dow Jones Indices has announced the launch of the S&P Europe 350 Equal Weight Index (EWI) an equal weighted version of the widely followed S&P Europe 350. By attributing the same weight to each constituent, the index provides a more diversified exposure, avoiding both the dominance of a small group of large-cap stocks in the index and the trend following bias of market-cap indices. The index has the potential to serve as an underlying reference for index-linked products such as exchange-traded funds (ETFs).

MTS, one of Europe’s largest electronic fixed income trading venues, is to launch request-for-quote (RFQ) trading for exchange-traded funds (ETFs) via its multi-dealer-to-client MTS BondVision platform. The new service will offer liquidity providers access to a diverse community of global institutional investors and will support ETF products listed on the Borsa Italiana and London Stock Exchange. ETF issuers available via platform will include Amundi, db X-trackers, ETF Securities, iShares, Lyxor, Ossiam, PowerShares, RBS, Source, SPDR and UBS.

Ossiam, a leading provider of smart beta exchange-traded funds, has announced that assets under management have surpassed €1 billion. The Paris-based firm, which is an affiliate of French giant Natixis, is on track to double assets under management this year, having started 2013 with €557m. Bruno Poulin, CEO of Ossiam, said: “We are delighted to have passed the significant €1 billion milestone. Achieving it confirms our leadership position in developing ‘smart beta’ investment funds for investors.”