UBS's asset management arm is offering investors a series of UCITS-compliant exchange-traded funds with systematic factor strategies.

UBS Global Asset Management has listed eight smart beta exchange-traded funds on the London Stock Exchange.

The new ETFs will provide exposure to US and eurozone equity markets through four factor-based strategies. These factors are prime value, low volatility, quality and total yield.

Investors will be provided with a range of regionally focused factor ETFs across two separate currency regions: the US and the eurozone. These factors are derived from the broad markets, MSCI USA and MSCI EMU, to ensure consistent construction, alongside existing market capitalisation building blocks. UBS highlighted that studies have shown that factor portfolios which are not influenced by currency movements stand out more clearly when compared with portfolios from different currency zones.

“Whether one chooses to call it 'factor investing', 'smart beta' or 'alternative beta', what is very clear is that this category continues to gain increased interest from investors who are looking beyond the traditional parameters of market cap weighted benchmarks. We are starting to see a shift from a 'core-satellite' investment approach to a 'core-factor-satellite' approach. These eight new ETFs directly reflect our clients' need for key factor exposures available at regional level,” said Andrew Walsh, head of UBS ETF sales, UK & Ireland.

UBS ETFs are also listed on the following stock exchanges: the SIX Swiss Exchange, Borsa Italiana, XETRA Germany, the Australia Exchange ASX, the KRX Korea Exchange and the Tokyo Stock Exchange.