With back-tests showing 4.6% annualised returns over 10 years, the bank is pitching the strategy to insurance clients. One who had seen the product described it as ‘extraordinary’.
It is this kind of innovative thinking that helped BofA buck a losing trend in bank quantitative investment strategies. While other dealers have seen outflows from their QIS business following a period of poor performance for alternative risk premia, BofA grew assets under management in its equity derivatives investable index business.
0 Comments