Copying and distributing are prohibited without permission of the publisher
Ossiam lists new ETFs on Swiss exchange
18 April 2013
Minimum variance strategy ETFs available across Europe
Exchange traded fund (ETF) manager Ossiam has announced the listing of several ETFs tracking the Ossiam World Minimum Variance Strategy on the Swiss SIX Exchange.
The ETFs are designed to deliver the return performance of some of the most liquid stocks on the the S&P Global 1200 index, although weighted in order to reduce portfolio risk.
The ETFs are already available on key European exchanges, including NYSE Euronext Paris, Milan's Borsa Italiana, Deutsche Börse in Frankfurt and the London Stock Exchange.
Bruno Poulin, chief executive of Ossiam, said the strategy had Ossiam the best-performing manager on the amLeague platform for global equities year-to-date.
“We are now making the strategy available in ETF wrappers to Swiss investors. This gives them access to a successful minimum variance strategy applied to global equities in world developed markets, either in euro or US dollar, thus diversifying their portfolios while controlling volatility.
“Switzerland is a key market where we see significant opportunities and investor interest,” he said.
Ossiam said that as of 15 April, it had combined assets under management of €24.3m ($31.7m) in the OSSIAM ETF World Minimum Variance NR fund, while it managed total assets of €709m.