Gulf Times: "Singapore Exchange Ltd will acquire a majority stake in Scientific Beta Pte, an index provider for products enabling investors to track market themes, an increasingly significant trend in global fund management. The target company – incorporated in Singapore, with offices in France, the UK and the US – specialises in factor-based strategies, a market that’s set to reach $2.7tn this year, the exchange said. The move comes as passive strategies are gaining greater popularity over actively-managed approaches."
Gulf Times 26/01/2020
"(...) Singapore Exchange Ltd will acquire a majority stake in Scientific Beta Pte, an index provider for products enabling investors to track market themes, an increasingly significant trend in global fund management. The target company – incorporated in Singapore, with offices in France, the UK and the US – specialises in factor-based strategies, a market that’s set to reach $2.7tn this year, the exchange said. The move comes as passive strategies are gaining greater popularity over actively-managed approaches. (...)"
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