‘ Ossiam ’

More thoughts on smart beta indices, strategies and ETFs

Jul 10th, 2013 | By
Columbia Threadneedle launches equity income smart beta ETFs

By David Stevenson – In just a matter of months, smart beta has emerged out of a technical netherworld into the investment mainstream. I’ve been banging on about various forms of smart beta for as long as I can remember, starting first with fundamentally weighted indices such as Research Affiliates’ RAFI suite, which are investable via ETFs offered by PowerShares, iShares and Lyxor, before moving on to low or minimum volatility indices popularised in ETF format by the likes of iShares, SPDR, PowerShares and Ossiam over the last year or so. Not forgetting, of course, the many successful high-dividend indices and ETFs.


PowerShares’ fundamentals-weighted RAFI ETFs surpass $5 billion in AUM

Jul 9th, 2013 | By
Invesco PowerShares’ smart beta fundamentals-weighted ETFs surpass $5 billion in AUM

PowerShares, a leading global provider of exchange-traded funds (ETFs) and a subsidiary of Invesco, has revealed that assets under management in its fundamentals-weighted suite of equity and fixed income ETFs, part of its larger smart beta range, recently passed the $5 billion mark. PowerShares offers such ETFs on local exchanges in the US, Canada and Europe, including the UK, France, Italy, Switzerland and Germany.


S&P Dow Jones launches low-volatility Nordic index

May 30th, 2013 | By
Xact boosts ESG profile of flagship Nordic ETF

S&P Dow Jones has again added to its rapidly expanding suite of indices with the launch of the S&P Nordic Low Volatility Index, an index tracking the performance of the 30 least volatile stocks in the S&P Nordic Broad Market Index (BMI). The new index further enhances the index provider’s existing low-volatility line-up and reflects continued investor interest in low-volatile equity strategies.


iShares’ Stephen Cohen outlines four ETF strategies for an uncertain quarter

May 13th, 2013 | By
iShares’ Stephen Cohen outlines four ETF strategies for an uncertain quarter

Asset class performance has been very mixed so far this year with currency volatility re-awakened and softening global economic data suggesting more difficult times ahead, according to Stephen Cohen, Head of iShares EMEA Investment Strategy & Insight. So what can investors do? Cohen proposes four strategies: overweighting defensive equities and equity income; using developed market equities to access emerging markets; playing Japan via a currency-hedged solution; and mitigating interest rate risk in fixed income and looking at local currency emerging markets debt.


David Stevenson on smart beta ETFs

Apr 29th, 2013 | By
ETF themes for 2014 by David Stevenson

Smart beta is a term that seems to have suddenly emerged out of nowhere to describe the rise of a new form of ‘passive’ investing. The very words themselves conjure up a certain egg-headed technical prowess, implying that all the other beta trackers out there are just “back of the class” dullards, market capitalisation based, one-trick ponies that don’t do all the clever stuff that smart beta trackers can accomplish with their quantitative prowess. Scratch beneath the surface though and we discover a slightly more honest admission by the ETF industry.


David Stevenson considers European equity ETFs

Apr 22nd, 2013 | By
David Stevenson to write weekly column for ETF Strategy

David Stevenson has joined ETF Strategy as a weekly columnist. David is the author of the popular Financial Times Guide to Exchange Traded Funds and Index Funds and writes for the FT, Investors Chronicle and Investment Week. “I’m really excited to be writing a regular weekly column for ETF Strategy – in a very short period of time this online publication has established itself as the best source of analysis and research for investors who use ETFs here in Europe. Over the next year I can guarantee you that there’ll be many more developments at ETF Strategy, so watch this space!”, said Stevenson. In his debut column he considers European equity ETFs.


Ossiam lists low-volatility global equity ETF on SIX Swiss Exchange

Apr 18th, 2013 | By
Ossiam lists low-volatility global equity ETF on SIX Swiss Exchange

Ossiam, a leading provider of smart beta exchange-traded funds (ETFs), has made its low-volatility global equity ETF, the Ossiam ETF World Minimum Variance NR, more accessible to Swiss investors via a listing on the SIX Swiss Exchange. The new listing, which includes both euro and US dollar trading lines, complements the fund’s existing listings on the London Stock Exchange, NYSE Euronext Paris, Borsa Italiana and Deutsche Börse.


PowerShares S&P 500 Low Volatility ETF surpasses $4 billion, reflecting appeal of low-volatility strategies

Mar 18th, 2013 | By
PowerShares S&P 500 Low Volatility ETF (SPLV) surpasses $4 billion, reflecting appeal of low volatility strategies

Invesco PowerShares, a leading global provider of exchange-traded funds (ETFs), has revealed that assets under management in the highly popular PowerShares S&P 500 Low Volatility Portfolio ETF (SPLV) have surpassed $4 billion. The fund tracks the S&P 500 Low Volatility Index, an index consisting of 100 stocks selected from the S&P 500 Index with the lowest realised volatility over the past 12 months.


SSgA SPDR unveils low-volatility Russell 1000 and Russell 2000 ETFs

Feb 21st, 2013 | By
SSgA launches actively managed ultra short-term bond ETF

SSgA has announced the launch of the SPDR Russell 1000 Low Volatility ETF (LGLV) and the SPDR Russell 2000 Low Volatility ETF (SMLV) on the NYSE Arca. The exchange-traded funds (ETFs) are designed to provide investors with exposure to large-cap and small-cap US equities, respectively, with reduced risk. The funds are based on low-volatility versions of the widely followed Russell 1000 and Russell 2000 indices.


Impressive first year for Ossiam’s low-volatility FTSE 100 ETF

Feb 13th, 2013 | By
Ossiam cross-lists smart beta corporate bond ETF on Deutsche Börse

The Ossiam ETF FTSE 100 Minimum Variance (UKMV), the first and only low-volatility exchange-traded fund based on the FTSE 100 index, has recorded an impressive first year on the London Stock Exchange. Managed by smart beta specialist Ossiam, an affiliate of Paris-based Natixis Global Asset Management, the fund has posted markedly superior risk-adjusted performance relative to the FTSE 100 since making its debut on the exchange in January 2012.