Scientific Beta

L'Agefi: "As of April 22, 2013, EDHEC-Risk Institute (ERI) has inaugurated its new smart beta index design and production activity, ERI Scientific Beta. These products a designed to implement Smart Beta 2.0 investments, EDHEC said on April, 29th."

L'Agefi 30/04/2013

"(...) As of April 22, 2013, EDHEC-Risk Institute (ERI) has inaugurated its new smart beta index design and production activity, ERI Scientific Beta. These products a designed to implement Smart Beta 2.0 investments, EDHEC said on April, 29th. From April 22, ERI Scientific Beta has been offering 30 flagship indices free of charge under the brand name Scientific Beta. These flagship indices represent popular smart beta strategies in the area of diversification, but ERI Scientific Beta will subsequently be producing indices for other strategies (style, fundamentally-weighted, factor replication, and optimal liquid). In a year's time, ERI Scientific Beta intends to have around one hundred free flagship indices that are representative of all the possible smart beta choices. The provision of information on the flagship indices includes daily transparency and allows all investors to replicate the indices without charge. Ultimately, the Smart Beta 2.0 approach will provide investors with a choice of 2,442 customised indices. In total, if the costs of the launch are included, more than EUR6m will have been spent to create this unique smart beta platform. More than 30 people have been working on this project for over two years and the plan is to double the team in the next 24 months. (...)"