The latest new ETF providers are bringing a ‘quantamental’ approach to ETF investment as Ross Klein, Chief Investment Officer and Vincent Lorusso, Portfolio Manager at Changebridge Capital describe their technical data-driven approach to stock selection, combined with fundamental analysis.
ESG & Responsible Investing
Legal & General Investment Management (LGIM) has launched the L&G Clean Energy UCITS ETF, which provides investors with exposure to the innovation and structural opportunities associated with the growing clean energy ecosystem.
State Street Global Advisors, the asset management business of State Street Corporation, has launched the SPDR Bloomberg SASB Corporate Bond ESG Select ETF (RBND).
Sparrows Capital has launched a range of ESG portfolios on its platform-based model portfolio service, SCore MPS, aimed at financial advisers.
The Index Industry Association’s (IIA) fourth Annual Benchmark Survey has revealed a 40 per cent growth in the number of indices measuring ESG criteria in the past year, and indexes covering fixed income also saw growth, 7.1 per cent over the last year and close to 15 per cent in the last two years.
European investors are prioritising climate-linked products in an ETF format, according to Cerulli Associates. Targeting portfolio holdings that focus on minimising carbon usage or being free from fossil fuels is set to be the most popular approach to incorporate ESG factors into ETFs, the firm says, with 86 per cent of the ETF issuers in Europe that responded to a survey believing it will be the case.
State Street Global Advisors (SSGA) has launched a new ESG-focused corporate bonds SPDR Exchange Traded Fund focused on Xetra and Börse Frankfurt.
FactSet a provider of integrated financial information, and analytical applications, is to acquire Truvalue Labs, a specialist AI-driven environmental, social, and governance (ESG) data.
The fifth Invesco Global Factor Investing Study has found that the use of ETFs to invest in factor strategies has grown significantly. For wholesale investors, the study found that ETFs now account for 50 per cent of factor allocations, standing at 35 per cent for private banks and rising to 74 per cent for wealth managers.
State Street Global Advisors (SSGA), the asset management business of State Street Corporation (NYSE: STT), has launched the SPDR Bloomberg SASB Euro Corporate ESG UCITS ETF (SPPR GY). The SPDR Bloomberg SASB US Corporate ESG UCITS ETF (SPPU GY) will also launch on Monday 26 October.