Scientific Beta

Portfolio Adviser: "ERI Scientific Beta is one of those niche firms active in Europe. Some $10.3bn of assets currently track their customised smart beta strategies."

Portfolio Adviser 10/08/2016

"(...) ERI Scientific Beta is one of those niche firms active in Europe. Some $10.3bn of assets currently track their customised smart beta strategies. The relatively high fees providers ask for smart beta funds compared to market capitalisation ETFs still put off many wholesale investors. To soothe these concerns, ERI announced this spring that it would give investors the option not to pay fixed fees any longer. Instead, they would have to pay a 20% fee on all outperformance generated by ERI’s indices. (...)"