Solactive
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Private | |
Industry | Financial services |
Founded | 2007 |
Headquarters | Frankfurt, Germany |
Key people | Steffen Scheuble, CEO, |
Services | stock market indexes |
Number of employees | 28 (2014) |
Website |
www |
Solactive is a German-based provider of financial indices. It develops, calculates and markets indices over several asset classes (equity, bonds, commodities, etc.). It has been fast growing, mainly thanks to its fixed-fee offering.[1][2] Most other traditional index providers offer variable fees which depend on the assets tied to the products based on their indices, resulting in high fees.[3][4]
Products
Solactive calculates thousands indices. The company is best known for offering tailor-made indices (also known as custom indices): the index is developed and calculated by the index provider but it is directly branded by the client. The company also creates and calculates Solactive branded indices. Overall, Solactive launches lots of smart beta, sometimes niche indices.[5] Their Solactive Guru Index has brought lots of attention in the market.[6][7] They were also the first to enter the green bond space, with the Solactive Green Bond Index.[8][9] As of December 31, 2014, Solactive had roughly 25 billion USD invested in financial products tied to indices it calculates, for instance exchange-traded funds or structured products. Their main clients are financial institutions such as ETF providers, asset managers, mutual funds. Amongst its clients are:
History
- In October 2007, the company was created under the name Structured Solutions
- In June 2008, BNP launched an ETF based on an index calculated by the company
- In July 2013, the company was rebranded as Solactive[10]
- In December 2014, Solactive had 170 exchanged traded funds tied to indices-calculated[11]
See also
References
- ↑ Ludwig, Olivier (30 August 2012). "Solactive’s Scheuble: Index Costs Matter". US ETF Magazine.
- ↑ "Interviews - Wir sind schnell, sehr flexibel und bieten einen kompetitiven Preis". Fund Plat (in German). 13 January 2014.
- ↑ Hampson, Rebecca (18 December 2013). "Unbranded Players to Change Index Market". Europe ETF Magazine.
- ↑ Garessus, Emmanuel (28 January 2013). "Attention au cout des indices". Le Temps (in French).
- ↑ Evans, Judith (27 October 2014). "Europe's smart beta market more than doubles". Financial Times, Ignites.
- ↑ Flood, Chris (26 January 2014). "Hedge fund ETFs defy ‘pale imitation of true alpha’". Financial Times.
- ↑ Gray, Tim (20 January 2014). "Guru Funds, Mimicking the Smart Money". New York Times.
- ↑ Grene, Sophia (13 April 2015). "Pricing bond index is a vexed process". Financial Times.
- ↑ GE, J (23 September 2014). "Astrid Ludwig: "Le marché a un potentiel de croissance considérable"". Les Echos (in French).
- ↑ Hampson, Rebecca (July 2013). "Structured Solutions Index Provider Rebrands as Solactive". Europe ETF Magazine.
- ↑ Carr, Gillian (21 April 2014). "Smart beta growth nearing peak, says Solactives boss". Structured Products Magazine.