Scientific Beta

Institutional Asset Manager: "Commenting on this announcement, Noël Amenc, CEO of ERI Scientific Beta, says: “Having announced the launch of our low carbon indices earlier this year, we are gratified that ERAFP has seen fit to award such a significant mandate so soon on the basis of ERI Scientific Beta’s low carbon indices."

Institutional Asset Manager 10/06/2016

 

"(...) The EUR23.5 billion additional pension scheme for French civil servants, ERAFP, has announced that it is awarding a mandate to asset managers for a euro zone mid- and large-cap listed equities portfolio worth EUR500 million to EUR1 billion that will be benchmarked to the Scientific Beta Eurozone Max Sharpe Ratio ERAFP SRI Carbon Efficient index. (...) Commenting on this announcement, Noël Amenc, CEO of ERI Scientific Beta, says: “Having announced the launch of our low carbon indices earlier this year, we are gratified that ERAFP has seen fit to award such a significant mandate so soon on the basis of ERI Scientific Beta’s low carbon indices. The low carbon indices produced by ERI Scientific Beta offer access to short and medium-term outperformance by using consensual results from financial research in the area of smart beta and portfolio diversification. The exclusion from the index of the worst firms in terms of carbon intensity in each sector of activity guarantees that these indices have a strong positive impact on the environment.” (...)" 

Copyright GFM Ltd.