Fund Strategy: "ERI Scientific Beta chief executive Noël Amenc says: “Our rationale for this mandate offer is that smart beta providers’ claims on the quality and robustness of their strategies should materialise in their live performance. “ERI Scientific Beta’s initiative is intended to provide consistency between the smart beta provider’s revenues and the quality of its offering.”"
Fund Strategy 27/05/2016
"(...) ERI Scientific Beta has announced it will next month launch performance fee-only pricing for its smart beta indices. The smart beta index provider says the no-fixed fees approach to smart beta will be the first of its kind in the world. Its flagship Scientific Beta Multi-Beta Multi-Strategy indices have outperformed their cap-weighted equivalent by 4.51 per cent on average over three years. ERI Scientific Beta chief executive Noël Amenc says: “Our rationale for this mandate offer is that smart beta providers’ claims on the quality and robustness of their strategies should materialise in their live performance. “ERI Scientific Beta’s initiative is intended to provide consistency between the smart beta provider’s revenues and the quality of its offering.” (...)"
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