Scientific Beta

Ignites Europe: "Amundi plans to roll out a new range of smart beta passive investment solutions after agreeing a strategic partnership with index provider ERI Scientific Beta. The deal will see Amundi granted access to ERI Scientific Beta’s range of smart beta indices in order to develop a suite of smart beta index and exchange traded funds."

Ignites Europe 19/02/2014

"(...) Amundi plans to roll out a new range of smart beta passive investment solutions after agreeing a strategic partnership with index provider ERI Scientific Beta. The deal will see Amundi granted access to ERI Scientific Beta’s range of smart beta indices in order to develop a suite of smart beta index and exchange traded funds. Amundi adds that the offering, primarily for institutional clients, will be developed on the basis of ERI Scientific Beta’s Smart Beta 2.0 approach, which will allow the fund house to choose and control the benchmarks according to risk. The French asset manager will also be granted access to selection and tracking/evaluation tools for each indices, according to a spokesperson. Valérie Baudson, global head of ETFs and indexing at the firm, says providing clients with “innovative and proven solutions have been two of the watchwords that have seen the successful development of the Amundi ETF & Indexing business over the past years.” Ms Baudson adds: “By partnering with ERI Scientific Beta we will be able to build on this approach by offering our clients efficient indexed managed solutions, including the very latest in smart beta index construction expertise.”(...)"