Aon unveils multi-factor index
Professional services firm Aon has unveiled a multi-factor index which aims to fill a gap in the market for products targeting specific factors.
The customised index has been developed in partnership with index provider Scientific Beta and investment manager Legal & General Investment Management (LGIM).
Aon sponsored research with Cass Business School which highlighted the potential efficiency gains from investing in an alternative way to market cap indices.
Since then, Aon has...