Treasury yields surge further, lifted by stimulus hopes; Pound strengthens over Brexit progress; Portfolio risk drops, as equity volatility and exchange-rate interaction fall.

Europe lags in risk—and also returns; US Real Estate still in the red, despite upbeat housing data; Worldwide Profitability diverges from other style factors.

Sentiment continued to weaken across all markets we track, except the UK. Elsewhere, the Sector ROOF for the US market broke below the neutral zone into bearish territory (<-0.5) for the first time since April.

The EURO STOXX 50 Realized Dispersion Index allows investors to take a view on market dispersion and correlation.

Qontigo has licensed the DAX® 50 ESG Index to Württembergische Lebensversicherung as a benchmark for an actively managed fund.

Investors can now gain exposure to the German ESG benchmark through a mutual fund, an exchange-traded fund and investment certificates.

Style-factor risk premia have been well-documented (and harvested) in the equity world for decades but have proven far more elusive for bonds. The new Axioma Factor-based Fixed Income Model (FFIM) demonstrates that style factors not only do exist in credit, but that they also carry discernible risk premia, which, in turn, can be utilized for systematic, smart-beta investing.

“The SDI AOP is a huge step forward by creating a set of easy-to-use and cost- efficient data – as opposed to a piece of required software – that can be incorporated into existing tools for investment decisions and reporting,” explains Ian Webster, Senior Managing Director at Qontigo.