Connect with us

Growing Group of Asset Managers Embrace the Adoption of Smart Beta

Published

on

smartbetaSmart beta strategies continue to gain significant ground among institutional investors such as sovereign wealth funds, pensions and other pooled retirement funds. Jokingly, a number of fundamental managers may perceive smart beta as the blackest black magic; however, it is garnering the short-spanned attention of asset manager chief executives.

Recently, Victory Capital Management acquired the business of Tennessee-based Compass Efficient Model Portfolios, LLC, a firm specializing in smart beta. In Europe, smart beta appears to be the fountainhead of growth for ETF products. In November, State Street Global Advisors (SSgA) launched one of the first UCITS smart beta multi-factor funds. The Luxembourg-domiciled fund called Multi-Factor Global Equity Fund follows a strategy of low volatility and valuation, latticed with high-quality stocks. In November, WisdomTree launched two new UCITS ETFs, WisdomTree Emerging Markets Equity Income UCITS ETF and WisdomTree Emerging Markets SmallCap Dividend UCITS ETF, providing investors smart beta products which are in demand. Smart beta funds offer factor nourishment for institutional investors to exposures such as volatility, earnings and momentum. Smart beta strategies are packing a swift uppercut on active fundamental managers who can suffer from mean reversion over time.


smart beta book

Get the Book

A Referential Guide for Institutional Investors

Visit Smart Beta Site








This is an advertisement.


DoubleLine Tees Up with Robert Shiller

[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Blackstone and Goldman Invest in Francisco Partners

Published

on

Larger alternative investment houses and banks are taking ownership stakes in specialist private equity firms. On July 13, 2018, Blackstone Group’s Strategic Capital Group and Goldman Sachs Asset Management’s Petershill program acquired a minority stake in San Francisco-based Francisco Partners. Francisco Partners is a private equity firm focused on tech-related companies, competing against Thoma Bravo, BC Partners, Vista Equity Partners, Bain Capital and other specialists.

Dipanjan (DJ) Deb is the Co-Founder and CEO of Francisco Partners. Before forming the company in 1999, he was a Principal at Texas Pacific Group (TPG).

Advisors

Francisco Partners was advised by Evercore and Kirkland & Ellis LLP. Simpson Thacher served as legal counsel to Blackstone and Fried Frank served as legal counsel to Goldman Sachs.

Continue Reading

GE Joins Mitsubishi and Summit Power on Bangladesh Thermal and LNG Massive Development

Published

on

General Electric, Japan-based Mitsubishi Corporation, and Bangladesh-based Summit Power Limited formed a joint venture to invest and construct a US$ 3 billion thermal power plant with a capacity of 2,400 megawatts. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Continue Reading

PGGM Executed its Inaugural Cleared Securities Lending Trade

Published

on

Service providers are keen on getting more beneficial owners to participate in the cleared securities lending market. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Continue Reading

Popular

© 2008-2018 Sovereign Wealth Fund Institute. All Rights Reserved. Sovereign Wealth Fund Institute ® and SWFI® are registered trademarks of the Sovereign Wealth Fund Institute. Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. No affiliation or endorsement, express or implied, is provided by their use. All material subject to strictly enforced copyright laws. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. SWFI is a minority-owned organization.