RPMI Railpen awards Russell proprietary factor mandate

Russell Investments has been appointed to manage a large “stable momentum” mandate, totalling £700 million (€831 million) in size, for RPMI Railpen. The proprietary systematic strategy was designed in collaboration with Railpen’s investment team, and draws upon Russell Investments’ research into both single and multi-factor investing. The portfolio has been designed to mitigate the severity of momentum crashes, by looking beyond 12-month returns and identifying stocks that have delivered strong returns with high levels of consistency. By identifying companies with consistently strong performance patterns it increases the likelihood of the returns persisting in the future, Russell says. Pascal Duval, Europe, Middle East and Africa chief executive at Russell Investments, said the firm believes factor investment portfolios can complement actively managed multi-asset, multi-manager portfolios, as prevalent levels of volatility in markets require. As of March 31, 2016, the firm managed £28 billion in rules-based investment strategies, representing 16% of its total assets under management. ©2016 funds europe

Executive Interviews

EXECUTIVE INTERVIEW: This is the year

Feb 16, 2017

Mark Weeks, head of ETF Securities, reflects on Brexit’s trampling of the FTSE and tells Nick Fitzpatrick he hopes to see stock and bond inflows top commodities for the first time this year.

EXECUTIVE INTERVIEW: A natural interest in the topic

Feb 16, 2017

Since 2016, Guillermo Ortiz has been a chairman of Latin America’s BTG Pactual. The former central banker of Mexico talks to Nick Fitzpatrick.

Roundtables

SEC LENDING ROUNDTABLE: Both a borrower and a lender be

Jan 11, 2017

Industry heavyweights, including agent lenders, discuss issues affecting the securities lending sector such as regulation and the types of collateral being used.

EMERGING MARKETS ROUNDTABLE: The re-emergence

Jan 03, 2017

2016 was the year emerging markets returned to the spotlight, as they regained ground since the 2012 sell-off. Funds Europe asked our panel if this appetite will persist in 2017.