Scientific Beta

The Industry Spread: "Olivier Oger, Chairman of the Singapore Holding of the EDHEC Endowment Fund (SHEEF), said, “Noël and the management team have done a tremendous job in building Scientific Beta into a reputed brand among asset owners worldwide. EDHEC is proud to have supported Scientific Beta’s growth into a successful and recognised factor index provider, fulfilling its mission to create innovation and impact."

The Industry Spread 26/01/2020

"(...) Singapore Exchange (SGX) is scaling up and accelerating the growth of its Data, Connectivity and Indices (DCI) business with the acquisition of a 93% stake in Scientific Beta Pte. Ltd. (Scientific Beta) for EUR186 million in cash (S$280 million), subject to closing adjustments. (...) Olivier Oger, Chairman of the Singapore Holding of the EDHEC Endowment Fund (SHEEF), said, “Noël and the management team have done a tremendous job in building Scientific Beta into a reputed brand among asset owners worldwide. EDHEC is proud to have supported Scientific Beta’s growth into a successful and recognised factor index provider, fulfilling its mission to create innovation and impact. We now look forward to working together with SGX on the next stage of Scientific Beta’s journey. Maintaining a minority stake in Scientific Beta’s capital is also testimony to our joint desire to maintain Scientific Beta’s close ties to EDHEC, notably in the area of research.” (...)"