Bringing you live news and features since 2006 


NYSE Group and MYRA Capital launch NYSE Dynamic Allocation Indices Family


The New York Stock Exchange and MYRA Capital have launched the new NYSE Dynamic Allocation Indices family to fulfil the increasing demand for innovative index solutions combined with an intelligent risk management and dynamic beta-management. 

Together, MYRA Capital’s experience and specialisation in dynamic, forecast-free and risk-controlled quantitative asset allocation strategies, along with the industry-leading indexing capabilities and deep experience of the NYSE Global Index Group, form a unique combination suited to offer solutions for both retail and institutional investors.

“The NYSE continues to expand its range of index offerings with this strategic, all-weather index. Designed for investors who want to maintain participation in bull markets while hedging against market downdrafts, this is an effective new tool,” says Laura V Morrison, Head of Global Index & Exchange Traded Products at NYSE. “The market-proven concept underlines MYRA Capital’s innovative approach and we are pleased to offer an index by which investors can efficiently benefit from a rules-based, forecast-free investment strategy.”

The new NYSE Dynamic Allocation Index strategies are designed for a variety of investment vehicles, including separately managed accounts, mutual funds and ETFs. The first index is dedicated to the US market and will combine a dynamic allocation to either the NYSE US Large Cap Equal Weight Index or the NYSE Current 10 Year US Treasury Index. This focused exposure on a dynamic mix of the 500 largest equal-weighted US equities and US Treasuries is designed to combine uncorrelated alpha sources:

1 Optimised, Strategic Beta Indexing:
Equal weighting (1/n forecast-free weighting approach) of the 500 largest US equities instead of market-cap weighting.

2 Dynamic Asset Allocation:
Forecast-free, rules-based shifting between the “risky” asset (US equities) and the “riskless” asset (US Treasuries) to significantly reduce equity-beta drawdowns

“This new index supports MYRA Capital’s ongoing push to deliver superior investment solutions for institutional asset managers worldwide. Together with the NYSE, we bring in our capabilities and experience in forecast-free investment strategies, which are not dependent on market forecasts which are often unreliable in predictive power. We are convinced that the next generation of indexing – the combination of optimised indexing and dynamic beta-management – will be a veritable alternative for the needs of sophisticated institutional investors as well as demanding retail investors,” says Gokhan Kula, Managing Partner and CIO of MYRA Capital.

The new index is currently being calculated and published in real-time through the NYSE Global Index Feed (GIF), available on all major market data platforms.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by