Scientific Beta

ETF Strategy: "ERI Scientific Beta, a smart beta index provider and a commercial venture of Paris-headquartered EDHEC Risk Institute, has announced the launch of the ERI Scientific Beta Low Carbon Multi-Beta Multi-Strategy Indexes, a series of low carbon smart beta indices."

ETF Strategy 23/02/2016

"(...) ERI Scientific Beta, a smart beta index provider and a commercial venture of Paris-headquartered EDHEC Risk Institute, has announced the launch of the ERI Scientific Beta Low Carbon Multi-Beta Multi-Strategy Indexes, a series of low carbon smart beta indices. Developed in collaboration with the South Pole Group, a sustainability solutions consultant, the indices seek to reduce the carbon footprint of equity investments by as much as 80% while simultaneously being able to create more than 50% additional value in the medium term. Maximilian Horster, Director Financial Industry at South Pole Group, commented: “We are delighted to share our expertise with ERI Scientific Beta to produce low-carbon versions of their highly respected multi-smart factor indices. The combination of low-carbon emissions and state-of-the-art smart factor indices is a compelling opportunity for investors globally.” Given the marriage of two “hot” investment themes, namely ESG / low carbon and smart beta, the indices will likely draw the attention of exchange-trade fund issuers who may look to license the indices for ETF product development. (...)"