Funds Europe: "The investment will be in Eurozone mid- and large-cap listed equities and benchmarked to the Scientific Beta Eurozone Max Sharpe Ratio ERAFP SRI Carbon Efficient index. Noël Amenc, chief executive of ERI Scientific Beta, said the mandate represented a “major vote of confidence” in the index provider."
Funds Europe 09/06/2016
"(…) ERAFP, a €23.5 billion pension scheme for French civil servants that invests heavily in socially responsible investment (SRI) mandates, is to invest between €500 million and €1 billion in a smart beta, low carbon strategy. The investment will be split between asset managers and invested for a six-year term, according to ERI Scientific Beta, a branch of the EDHEC-Risk Institute in France which has constructed the index for ERAFP. The investment will be in Eurozone mid- and large-cap listed equities and benchmarked to the Scientific Beta Eurozone Max Sharpe Ratio ERAFP SRI Carbon Efficient index. Noël Amenc, chief executive of ERI Scientific Beta, said the mandate represented a “major vote of confidence” in the index provider. (...)"
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