When a large Scandinavian asset manager extended its responsible principles to all investment instruments, it left its trading arm with no listed derivatives to manage flows and risk in equity portfolios
The STOXX® Europe 600 Paris-Aligned Benchmark Index was launched in June 2020. In backtested data since March 2018, we find that the strategy has offered a higher return and lower volatility versus its benchmark. This paper drills down into some of the factors driving those results.