Scientific Beta

The Straits Times: "The Singapore Exchange (SGX) has acquired a research-based index firm that will provide more diverse products for investors. The deal involves the bourse buying a 93 per cent stake in Scientific Beta for €186 million (S$280 million). Scientific Beta was set up by the Edhec-Business School, an academic institution that does research for the investment industry."

The Straits Times 23/01/2020

"(...) The Singapore Exchange (SGX) has acquired a research-based index firm that will provide more diverse products for investors. The deal involves the bourse buying a 93 per cent stake in Scientific Beta for €186 million (S$280 million). Scientific Beta was set up by the Edhec-Business School, an academic institution that does research for the investment industry. The firm, which is present in Boston, London, Nice, Singapore and Tokyo, aims to help investors understand and use advanced beta equity strategies. The acquisition will allow the SGX to bring new capabilities to its index business and cater to the increasing market interest for different ways to represent investment strategies and risks. (...)"