Factor Investing

Stocks fell in September as rising bond yields pressured equity valuations and raised concerns that economic growth could slow. US indices outperformed European ones over the month as technology stocks rose.

The DAX® Women Leadership index, which selects German companies with the highest proportion of women on executive and supervisory boards, has outperformed the DAX® by an annualized 300 basis points since March 2018. 

Historical market environments can provide valuable clues about what may happen next. Identifying past periods most similar to today and analyzing how Value, Quality and Momentum factors behaved during those times help guide dynamic factor tilts within the iSTOXX Ang Research Enhanced index family.

Global equity indices rose in August, as better-than-expected earnings from US technology companies offset concerns about rising bond yields and geopolitical tensions in the Persian Gulf.

Four years after BlackRock and STOXX launched their multifactor ETF collaboration, investors have navigated inflation shocks, higher interest rates, sharp style rotations and growing market concentration.

The index translates years of research into a systematic approach that adjusts its factor exposures as market conditions evolve. Backtested results show 22 years of consistent index outperformance, with low tracking error and turnover.

European equity indices rose for a fourth consecutive month in July while US stocks fell, as investors rotated away from the market’s most expensive sectors, including technology shares.

Factor investing has moved decisively beyond single-style approaches. Multifactor strategies offer more diversified portfolios — but not all are built the same.

Global stock indices slipped in June as investors weighed the implications of the conflict in Iran and the trajectory of corporate earnings, yet still recorded their best quarterly performance since 2020. European stocks ended last month at an all-time high.

In this Q&A, the academic and practitioner discusses how the recently launched iSTOXX Ang Research Enhanced indices dynamically rotate between underlying factors to tilt toward signals that appear more attractive at any given time, and how other rules ensure efficient, benchmark-aware access to sources of return.

Global stock indices extended gains in May and ended the month at new all-time highs as investors grew increasingly optimistic that the US-Iran conflict is moving toward a diplomatic breakthrough.

Global equity indices resumed gains in April, regaining record highs as strong corporate earnings offset volatility in interest rates and oil prices.