Index provider S&P Dow Jones Indices (S&P DJI) is to collaborate with Axioma, a provider of enterprise market risk and portfolio analytics solutions, to develop optimised factor-based strategy indices.
The engagement brings together S&P DJI’s global brand recognition and capabilities in indices serving institutions and intermediaries, with Axioma’s robust analytical tool kit and expertise. The collaboration looks to result in innovative S&P DJI branded indices, powered by Axioma, purposefully designed to present optimised single- and multi-factor solutions that advance the forefront of smart beta, ESG and related investment themes.
“We are pleased to work together with Axioma to leverage their systematic portfolio-construction capabilities and risk analytics, to further expand our factor index offering,” says Jamie Farmer (pictured), Chief Commercial Officer, S&P Dow Jones Indices. “This collaboration will accelerate the pace of innovation to deliver transparent, strategic factor indices that are designed to meet the increasing demand for benchmarks that encapsulate quantitative investment methodologies.”
“Axioma’s systematic portfolio-construction techniques and factor-based risk models are increasingly being used in best-of-breed indexing,” says Sebastian Ceria, CEO of Axioma. “We look forward to collaborating with S&P Dow Jones Indices on this exciting next generation of factor-based strategies.”
