Scientific Beta

Money Management: "The smart beta index provider, Scientific Beta has disagreed with the recent announcement from MSCI to exclude controversial weapons from global cap-weighted indices. According to Scientific Beta’s chief executive, Noel Amenc, there were no practical or academic grounds for the idea that a broad cap-weighted index representing all investment opportunities could not as a result contain an environmental, social and governance (ESG) filter by default."

Money Management 22/02/2019

"(...) The smart beta index provider, Scientific Beta has disagreed with the recent announcement from MSCI to exclude controversial weapons from global cap-weighted indices. According to Scientific Beta’s chief executive, Noel Amenc, there were no practical or academic grounds for the idea that a broad cap-weighted index representing all investment opportunities could not as a result contain an environmental, social and governance (ESG) filter by default. Amenc also said, in response to Swiss Sustainable Finance’s open letter: “From a practical point of view, we know that the exclusions on controversial weapons proposed by Swiss Sustainable Finance represent a very marginal weight that in any event is far lower than the exclusions or weight limitations implemented by all index providers to guarantee the liquidity and investibility of their global cap-weighted indices.” (...)"