News & Research

For years, factor investing has demonstrated its potential to outperform the general market.

As the outlook for Technology stocks appears uncertain, we look at the risk-management benefits for Korean investors of adding a little DAX exposure to a KOSPI portfolio.

For the past 20 years, a multi-factor strategy as targeted by the STOXX Europe 600 Industry Neutral Ax Multi-Factor Index has fared extremely well, and much of that consistent performance can be traced to the benefit of diversifying across different sources of return premia.

The futures’ price and trading volume have jumped this year. If the French presidential elections this April were to trigger market volatility as did the vote five years ago, activity in VSTOXX futures could pick up further in coming weeks.

In the fifth anniversary of the launch of the first thematic ETFs resulting from the collaboration between BlackRock and Qontigo, we reflect on the performance of seven strategies covered in this partnership: Automation & Robotics, Ageing Population, Digitalization, Electric Vehicles, Digital Security, Healthcare Innovation and Smart City Infrastructure.

A Qontigo analysis shows that the DAX enlargement contributed to the German benchmark’s diversification, decrease in concentration, stability and market representation, and resulted in relatively limited changes to style exposures. In most cases, those changes were not of significant nature.

As the DAX indices complete the biggest reform in their three-decade history, we talk to Stephan Flaegel, Chief Product Officer, Indices and Benchmarks, at Qontigo, to hear what the new rules mean for the flagship DAX and how quality, simplicity and alignment with international standards were key drivers in the overhaul.

With DAX increasing its composition from 30 stocks to 40, we review the changes to the DAX® ESG Target Index, a sustainable version of the flagship German benchmark.

With the flagship German benchmark increasing its constituency from 30 stocks to 40, we look at the effects of the overhaul from the perspective of average constituent size and equity turnover.

A new Qontigo whitepaper compares the composition, risk profile and performance of the STOXX® Global Millennials and STOXX® Global Ageing Population indices, two thematic indices that help investors target companies most exposed to these two very distinct cohorts.

A new Qontigo whitepaper analyzes the risk, performance and returns attribution of four indices tracking technology themes, uncovering specific characteristics of the portfolios and differences vis-à-vis the broader technology sector and the overall market.

Changes to the ESG index follow a market consultation and were undertaken to keep the methodology and index aligned with evolving sustainability practices and new guidelines from regulators. A Qontigo analysis shows the new rules didn’t significantly affect the country or industry allocation of the resulting portfolio.