Solactive launches oekom low volatility index
Frankfurt-based index provider Solactive has announced the launch of its new Solactive oekom Ethical Low Volatility Index aimed at tracking price movements of low volatility stocks passing the ESG screenings of oekom research, a rating agency for sustainable investments.
BNP Paribas has licensed the Index to launch a wide range of products, designed for both retail and institutional clients in Germany, Austria and Scandinavia ranging from capital protected to more complex structures.
Steffen Scheuble (pictured), CEO at Solactive comments on the launch: “Solactive is well-known in the industry for being able to create tailor-made indices that fit the needs of each of our clients, whether it is plain equity ideas or complex investment structures that need to be translated into a rule based, transparent index. The Solactive oekom Ethical Low Volatility Index is the perfect example of our capacity to provide efficient exposure to a specific market in a timely manner.
Julia Haake, director of the Paris Office at oekom research adds: “oekom research’s high-quality analyses form the ideal basis for an index with high sustainability standards. When selecting companies for the Solactive oekom Ethical Low Volatility Index, we apply very rigorous criteria. The Index thus provides sustainable investors with guidance on which companies have systematically integrated sustainability into their management systems.”