Scientific Beta

Ignites Europe: "Both groups are known for their research capabilities, Zacks among individual investors for its earnings estimates and EDHEC among institutions for its study of factors driving fund performance."

Ignites Europe 08/07/2015

"(...) The smart-beta and factor-based investment theme has drawn new players, too. ETF Securities launched its first smart-beta ETFs this year after seeing smart beta’s share of industry ETF assets effectively double, says Mike McGlone, director of research. “It’s part of that natural migration from the actively managed mutual fund space to the more transparent ETF structure,” he says. The firm is known for its expertise in precious metal-backed exchange-traded products, so a key part of its expansion into smart beta has been the partnerships it made with index providers Zacks Investment Management and ERI Scientific Beta, the index development arm of European research house EDHEC Risk Institute. Both groups are known for their research capabilities, Zacks among individual investors for its earnings estimates and EDHEC among institutions for its study of factors driving fund performance. (...)"