Stockholm (HedgeNordic) – Evli has expanded its range of factor funds with the launch of Evli Equity Factor Global. In addition to the newly-launched fund, the Finnish asset manager manages two additional equity long-only factor funds, one focused on Europe and another one on the United States, and one market-neutral factor fund – Evli Factor Premia – part of the Nordic Hedge Index.
Evli Equity Factor Global leverages on Evli’s expertise in factor investing, which is “grounded not only on evidence from long-term academic research but also on the skills attained over the years within Evli’s portfolio management.” The global-focused long-only equity factor fund is managed by Evli’s factor fund team, which includes Peter Lindahl (pictured), Antti Sivonen and Mattias Lagerspetz. Evli Equity Factor Global seeks to provide exposure to factors such as value, momentum, quality and low risk across developed markets worldwide.
“Based on our research, factor investing works all over the world and we want to answer to the client demand by offering a globally investing factor fund.”
“Based on our research, factor investing works all over the world and we want to answer to the client demand by offering a globally investing factor fund,” Antti Sivonen and Mattias Lagerspetz said in connection with the launch. “With our new product, not only do clients have access to a greater geographical coverage, but they also get a well-diversified fund that otherwise replicates the same successful investment philosophy and factors as our other equity factor funds.”
With our new product, not only do clients have access to a greater geographical coverage, but they also get a well-diversified fund that otherwise replicates the same successful investment philosophy and factors as our other equity factor funds.”
Factor-based funds enable investors to capture sources of extra return stemming from risk factors such as value, quality, momentum, among others. Evli’s factor investing team employ systematically-build models and algorithms to capture several sources of extra return. The four Evli factor funds also engage in sustainable factor investing by considering responsibility as an essential part of the investment process.
“We have found that ESG investing has worked effectively in factor funds.”
“Already four years ago, we integrated a low-carbon process into the investment decisions of our factor funds,” Peter Lindahl, Head of Systematic Funds at Evli, comments on Evli’s approach to sustainable factor investing. “And last year, we transformed this into a more comprehensive ESG approach, using both exclusion criteria and selection of the best companies within each sector,” he continues. “We have found that ESG investing has worked effectively in factor funds. Now, in our new global factor fund, we will continue to focus on those companies that receive a high ESG rating,” says Lindahl.