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Wednesday, November 7, 2012 S&P Develops Low-Vol Indices for PowerShares Two new indices were launched by S&P Dow Jones Indices, reports ETF Strategy. The S&P MidCap 400 Low Volatility Index and the S&P SmallCap 600 Low Volatility Index were licensed to Invesco PowerShares [profile]. Invesco PowerShares is also the licensee for the closely followed S&P 500 Low Volatility index, notes ETF Strategy. Vinit Srivastava, director of strategy indices at S&P Dow Jones Indices, said, “The simple construction of the indices has resonated with investors.The S&P MidCap 400 Low Volatility Index and the S&P SmallCap 600 Low Volatility Index provide investors with exposure to small and mid-cap benchmarks that exhibit similar low volatility anomaly as large cap benchmarks.” Printed from: MFWire.com/story.asp?s=41933 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |