Financial Investigator: "One of the most prominent pension schemes in Europe, the €23.5bn additional pension scheme for French civil servants, ERAFP, has announced that it is awarding a mandate to asset managers for a euro zone mid- and large-cap listed equities portfolio worth €500 million to €1 billion that will be benchmarked to the Scientific Beta Eurozone Max Sharpe Ratio ERAFP SRI Carbon Efficient index."
Financial Investigator 09/06/2016
"(...) One of the most prominent pension schemes in Europe, the €23.5bn additional pension scheme for French civil servants, ERAFP, has announced that it is awarding a mandate to asset managers for a euro zone mid- and large-cap listed equities portfolio worth €500 million to €1 billion that will be benchmarked to the Scientific Beta Eurozone Max Sharpe Ratio ERAFP SRI Carbon Efficient index. The decision by ERAFP is a major vote of confidence in ERI Scientific Beta, the smart beta index provider set up by EDHEC Risk Institute in 2012. EDHEC Risk Institute has been conducting research for several years on the possibility of reconciling financial and environmental performance and the launch of a new series of low carbon indices by ERI Scientific Beta earlier this year marked the practical realisation of these research efforts. (...)"
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