Scientific Beta

The Edge Singapore: "Separately, SGX has announced that it will be acquiring a 93% stake in Scientific Beta, a smart beta index firm, for 186 million euros ($280 million). This will reportedly strengthen the exchange’s research-based index design capabilities as well as broaden its range of index products and clientele. Established by EDHEC-Risk Institute (ERI Asia), which is an affiliate of the EDHEC Business School, Scientific Beta is an independent index provider specialising in smart beta strategies."

The Edge Singapore 23/01/2020

"(...) Separately, SGX has announced that it will be acquiring a 93% stake in Scientific Beta, a smart beta index firm, for 186 million euros ($280 million). This will reportedly strengthen the exchange’s research-based index design capabilities as well as broaden its range of index products and clientele. Established by EDHEC-Risk Institute (ERI Asia), which is an affiliate of the EDHEC Business School, Scientific Beta is an independent index provider specialising in smart beta strategies. It has more than 60 asset owners and asset managers using its indices to track or benchmark their smart beta investments. (...)"