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About Solactive AG
Since its creation in 2007, Solactive has become one of the key players in the indexing space. The German multi asset class provider is focusing on tailor-made indices; developing, calculating and distributing them worldwide. Offering to its clients a faster service, with great flexibility and at a reasonable cost has allowed Solactive to become one of the fastest growing index providers over the past few years.
Solactive now calculates indices for 175 clients in Europe, America and Asia. Approximately 25 billion USD are invested in products linked to indices calculated by Solactive globally, primarily via 170 ETFs. Solactive now ranks third in the US, in terms of ETFs linked to its indices.*
We offer
To write your master thesis in cooperation with Solactive about Buyback Investment Strategies – effects on prices and ratings.
Stock buyback strategies have drawn a lot of attention in recent months, by the launch of a couple of successful exchange traded funds. Stock buybacks represent a way of returning money to the stockholder by distributing cash to existing shareholders in exchange for a fraction of the company’s outstanding equity. On the fixed income side the buyback method works similarly, but instead of buying back own stocks, the company buys back its own debt, mostly on the secondary market before the redemption payment is due. Buyback on both asset classes can highlight a company’s health.
The master thesis can focus on empirically analyzing the outperformance of such strategies compared to their respective benchmarks, can show the effect that such buybacks can have on stock and bond price movements as well as analyze the behavior of ratings after a buyback takes place.
We are open to discuss the exact structure and topic focus at the beginning.
Solactive as the cooperation partner will offer its expertise in index engineering and capital markets as well as access to its data sources. The research will be financially compensated.
Candidate requirements
? Student of economics, business administration, financial engineering or financial mathematics ? Interest in capital markets ? Excellent Microsoft Office (in particular Excel) skills ? Matlab, R, Python or VBA knowledge would be an asset
