Scientific Beta

Funds Europe: "EDHEC-Risk Institute, which recently criticised providers of smart beta indices, has launched a venture to design and license its own set of benchmarks. With ERI Scientific Beta, the name of the venture, EDHEC-Risk claims it will “revolutionise” the index world with a second-generation approach to smart beta."

Funds Europe 29/04/2013

"(…) EDHEC-Risk Institute, which recently criticised providers of smart beta indices, has launched a venture to design and license its own set of benchmarks. With ERI Scientific Beta, the name of the venture, EDHEC-Risk claims it will “revolutionise” the index world with a second-generation approach to smart beta. ERI Scientic Beta will offer 2,442 customised indices, growing to 6,000 in 18 months, making it the world’s largest source of alternative benchmarks, EDHEC-Risk says. Also, complete information on 30 flagship indices will be made available free of charge online. Information includes daily transparency and enables all investors to replicate indices without charge. In a year’s time ERI Scientific Beta intends to offer around 100 free flagship indices. (...)"