Stoxx Grows Minimum Variance Index Data

Swiss index provider Stoxx has expanded its Stoxx Minimum Variance Index family and corresponding suite of index data, with the rollout of new minimum variance indexes for the US and Canada, to help provide asset owners, risk managers and traditional long-only investors with more alternative beta as it looks to increase its North American presence.

Stoxx launched the index family -- developed in partnership with portfolio optimization and risk modeling software vendor Axioma to provide risk