European Pensions: "The €23.5bn additional pension scheme for French civil servants ERAFP is to award a €500m to €1bn mandate to asset managers for a eurozone mid- and large-cap listed equities portfolio, benchmarked to the Scientific Beta Eurozone Max Sharpe Ratio ERAFP SRI Carbon Efficient index."
European Pensions 09/06/2016
"(...) The €23.5bn additional pension scheme for French civil servants ERAFP is to award a €500m to €1bn mandate to asset managers for a eurozone mid- and large-cap listed equities portfolio, benchmarked to the Scientific Beta Eurozone Max Sharpe Ratio ERAFP SRI Carbon Efficient index. The mandate will be awarded for a six-year term and must be managed while respecting the SRI principles under which all of ERAFP’s allocations are managed. “The low carbon indices produced by ERI Scientific Beta offer access to short and medium-term outperformance by using consensual results from financial research in the area of smart beta and portfolio diversification," ERI Scientific Beta CEO Noël Amenc said. (...)"
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