Scientific Beta

Seeking Alpha: "More substantively, research programs such as EDHEC-Risk Institute's Scientific Beta have been instrumental in promoting fresh thinking in the field of both factor-based and risk-based smart beta strategies."

Seeking Alpha 10/05/2016

 

"(...) Hence R&D of institutional investors, index providers and ETF manufacturers alike has focused more on "smart beta." This has triggered a slew of innovation - both superficial and substantive. At a superficial end, age-old alternative weighting strategies (e.g. value indices that screen stocks for low book values, or dividend-weighted indices) have been re-branded as being "smart." In these cases, for "smart" read "non-market-cap weighted." In fairness, this rebranding is part of broadening of alternative weighting strategies that are factor-based. More substantively, research programs such as EDHEC-Risk Institute's Scientific Beta have been instrumental in promoting fresh thinking in the field of both factor-based and risk-based smart beta strategies. (...)"

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