Ossiam was set up in 2009 and acquired last year by Paris-based banking group Natixis, itself created in 2006 by through the combination of Groupe Caisse d’Epargne and Groupe Banque Populaire’s asset management, investment banking, project finance, and banking business lines.
The new ETFs launched on the London Stock Exchange are the OSSIAM ETF iSTOXX Europe Minimum Variance, the US Minimum Variance, a Euro Stoxx 50 Equal Weight and the Stoxx 600 Equal Weight product.
These Ossiam Smart ETFs are part of a Luxembourg-based Sicav and are Ucits compliant.
The minimum variance strategy ETFs follow a quantitative, non discretionary approach, focused on risk management. They follow an equity long only strategy and are 100% invested at all times.
With the equally weighted ETFs, each stock in the investment universe is given the same weight to avoid concentration and trend following bias of market-cap indices.
This launch follows their listing on the Borsa Italiana on 1 July.
