Scientific Beta

ETF Strategy: "The launch of EDHEC-Risk Institute’s Scientific Beta platform, the culmination of a €6 million investment and more than two years of research and development, is yet another mark of the immense innovation and intense competition that is fizzing through the index industry."

ETF Strategy 29/04/2013

"(...) The launch of EDHEC-Risk Institute’s Scientific Beta platform, the culmination of a €6 million investment and more than two years of research and development, is yet another mark of the immense innovation and intense competition that is fizzing through the index industry. With its Scientific Beta initiative, EDHEC-Risk Institute aims to further spice up this industry and establish itself as a leading provider of alternative, so-called smart beta, indices. To achieve these lofty ambitions, the French academic institution espouses a new approach to smart beta investing – what it refers to as ‘Smart Beta 2.0’ – which enables investors to choose and control the risks of benchmarks. Second, it has committed itself to providing total transparency on index methodology and composition. And third, it has taken the bold step to supply information on its flagship indices free of charge and not to impose ad valorem license fees on funds seeking to replicate these indices. (...)"