‘ Research Affiliates ’

Premia Partners debuts multi-factor China A-shares ETFs

Oct 26th, 2017 | By
Nikko: Will investors be ready when Chinese bonds go global?

Hong Kong-based asset manager Premia Partners has launched two smart beta China ETFs which utilize a fundamental multi-factor approach to select Mainland China A-share equities. The funds have been listed on the Hong Kong Stock Exchange.

PIMCO launches three RAFI multi-factor equity ETFs

Sep 6th, 2017 | By
Morgan Stanley’s Fundlogic launches five equity smart beta ETFs

PIMCO has launched three smart beta equity ETFs providing investors with diversified exposure to US, international, and emerging market stocks. The funds target multiple factors including value, quality, low volatility, momentum and size which research shows have historically outperformed the broader equity market over the long term.

S&P DJI reports on the merits of multi-factor investing

May 2nd, 2017 | By
First Trust rolls out European smart beta ETFs to Swiss Exchange

New research from S&P Dow Jones Indices considers the benefits of multi-factor investing and proposes that, due to the cyclical nature of individual factor returns, multi-factor investing is an efficient means of reducing individual factor risk and thereby smoothing portfolio returns.

Invesco to acquire ETF issuer Source

Apr 28th, 2017 | By
Martin L. Flanagan, president and CEO of Invesco

Invesco has entered into a definitive agreement to acquire European ETF issuer Source. The transaction will add Source’s $25 billion in assets under management to Invesco’s existing global ETF AUM of approximately $120 billion. “We’re excited about this opportunity to build on Invesco’s 40 years of factor investing experience and our existing PowerShares ETF business, which will significantly enhance our ability to deliver meaningful solutions to institutional and retail clients in Europe and around the world,” said Martin L. Flanagan, president and CEO of Invesco.

Research Affiliates launches RAFI multi-factor and single-factor indices

Feb 1st, 2017 | By
Research Affiliates launches RAFI multi-factor and single-factor index suite

Research Affiliates has unveiled an index suite seeking to capture the returns attributable to investment factors. The new launches include single-factor indices (value, low volatility, quality, momentum, and size), and multi-factor offerings. The RAFI Multi-Factor Index equally-weights the five single-factor indices while the RAFI Dynamic Multi-Factor Index seeks to overweight factors that are trading cheaply in the market. Rob Arnott, Chairman and CEO, Research Affiliates, commented: “We believe emphasizing factors or strategies that are trading cheap relative to their own historical norms, and deemphasizing the more expensive ones, can improve performance.”

FTSE Russell and Research Affiliates launch new ESG smart beta indices

Dec 8th, 2016 | By
BNP Paribas cross-lists US and EM sustainability ETFs on Deutsche Börse

FTSE Russell and Research Affiliates have launched two new ESG-themed smart beta index families: the FTSE4Good RAFI Indices, composed of FTSE RAFI Index constituents meeting minimum ESG-related requirements, and the FTSE RAFI ex Fossil Fuels Indices, which excludes firms with revenues derived from fossil fuels. Constituents are weighted according to four fundamental measures of company value: book value, cash flow, sales and dividends. The indices are suitable to act as underlying references for ETFs.

Elkhorn Investments launches low vol/high beta rotation ETF

Oct 21st, 2016 | By
Elkhorn Investments launches next generation low-vol rotation ETF

Elkhorn Investments has launched the Elkhorn Lunt Low Vol/High Beta Tactical ETF (Bats: LVHB), which switches between tracking the S&P 500 Low Volatility Index and the S&P 500 High Beta Index, depending on momentum signals in the US market. Ben Fulton, CEO of Elkhorn Investments, commented: “Factors, including low-volatility, have their own season and Lunt Capital’s strategy allows investors to tactically rotate between low-volatility and high-beta stocks within the tax-efficient ETF structure.”

Elkhorn partners with Research Affiliates on smart beta commodity ETF

Sep 26th, 2016 | By
2018 target weights announced for Bloomberg Commodity Index

US-based investment company Elkhorn Investments has partnered with smart beta specialist Research Affiliates to launch the Elkhorn Fundamental Commodity Strategy ETF (Bats: RCOM). The Bats-listed ETF provides exposure to a broad basket of commodity futures weighted according to momentum and roll yield. Ben Fulton, Founder and CEO of Elkhorn, added: “Commodities are a forgotten asset class in today’s market. As a result, product innovation has lagged that of other asset classes for the better part of a decade. Together with Research Affiliates, we are excited to create a better way for investors to access the broader commodity market in an ETF.”

Commerzbank launches active ETF on quality high div equities

Aug 5th, 2016 | By
Commerzbank launches STOXX Europe 600 ETF on Deutsche Börse

Commerz Funds Solutions, a division of Frankfurt-based Commerzbank, has launched the ComStage Alpha Dividende Plus UCITS ETF, an actively managed exchange-traded fund primarily investing in European and US equities with high dividend yields. The fund employs a quantitative model that screens stocks based on high momentum, low price-to-earnings ratios (value factor), high profit growth (quality factor), low volatility and finally high dividends. The new ETF trades in euros and has a total expense ratio (TER) of 0.68%.

WisdomTree launches Eurozone Quality Dividend Growth ETF

Jul 7th, 2016 | By
Viktor Nossek , director of research at WisdomTree in Europe.

ETF provider WisdomTree has launched an equity ETF targeting firms considered likely to increase their dividend payouts in the future. The WisdomTree Eurozone Quality Dividend Growth UCITS ETF (EGRA) has been launched on the London Stock Exchange in euros and British pounds. It tracks WisdomTree’s proprietary in-house Quality Dividend Growth Indices, which uses specific criteria to establish which companies are growing their dividends. The strategy focuses on growth and quality. Viktor Nossek, Director of Research at WisdomTree Europe, said in a statement: “We believe that companies that can grow their earnings also have the greatest potential to raise their dividends.”