Scientific Beta

Adviser Voice: "Scientific Beta is collaborating with superannuation funds to extend its expertise to the Australian market. This objective is to empower Australian super funds with the tools and knowledge required to effectively navigate the complexities of decarbonising their portfolios while adhering to the demanding Your Future, Your Super (YFYS) regulations – a multi-faceted and urgent endeavour."

Adviser Voice 20/09/2023

"(...) Scientific Beta is collaborating with superannuation funds to extend its expertise to the Australian market. This objective is to empower Australian super funds with the tools and knowledge required to effectively navigate the complexities of decarbonising their portfolios while adhering to the demanding Your Future, Your Super (YFYS) regulations – a multi-faceted and urgent endeavour. (...) Michael Aked, Senior Investment Strategist at Scientific Beta, stated that the EU CTB framework is being adopted by many investors around the world including in New Zealand. Mr. Aked emphasised the predicament that super funds find themselves in due to their strict adherence to Your Future, Your Super (YFYS) performance testing. “Super funds are essentially walking a tightrope. YFYS performance testing imposes tracking error targets that tether them to high-emitting Australian companies, hindering their ability to achieve both satisfactory returns and an acceptable rate of decarbonisation,” explained Mr. Aked. One unintended consequence of YFYS regulations is to restrict fund investment behaviour to continue to fund high carbon emitters regardless of their ESG performance. (...)"