Scientific Beta

MoneyMarketing: "CoreShares today announced that it intends re-mandating its Top 40 Equally Weighted ETF (Share code: CSEW40) to track its flagship Multi-factor index. This index is designed and maintained by the renowned Scientific Beta, part of the EDHEC Business School. Scientific Beta recently announced that it now has 43 Bln USD tracking its Multi-factor indexes and recently won global 'Index Firm of the Year' (2019 Risk Awards)."

MoneyMarketing 18/02/2019

"(...) CoreShares today announced that it intends re-mandating its Top 40 Equally Weighted ETF (Share code: CSEW40) to track its flagship Multi-factor index. This index is designed and maintained by the renowned Scientific Beta, part of the EDHEC Business School. Scientific Beta recently announced that it now has 43 Bln USD tracking its Multi-factor indexes and recently won global 'Index Firm of the Year' (2019 Risk Awards). Gareth Stobie, MD of CoreShares, says, "Many of the early adopters of smart beta strategies have shifted from allocating to single factors such as value or size to a Multi-factor framework that incorporates all of the academically consensual factors namely: quality, size, low volatility, momentum and value". It has been demonstrated that a Multi-factor approach reduces the cyclicality of returns often associated with investment in single factors. For narrower markets such as South Africa it also reduces concentrated exposure to single stocks and sectors. (...)"