Assets tracking Scientific Beta indices reach USD 10.3bn
(Thomson Reuters ONE) -
ERI Scientific Beta, the smart beta index provider venture of EDHEC Risk
Institute, today announced that assets tracking its smart beta indices had
reached USD 10.3bn..
In terms of geographical distribution, these assets are located in North America
(59%), Europe (35%) and Asia-Pacific (6%).
There are also 10 exchange-traded funds (ETFs) replicating Scientific Beta
indices listed on the New York Stock Exchange, the London Stock Exchange,
Euronext Paris, Deutsche Börse and Borsa Italiana.
The success of the Scientific Beta Multi-Beta Multi-Strategy indices and the
interest of institutional investors are clearly based on the impressive live
track record of the indices. The Scientific Beta multi-smart-factor indices,
which allocate to four Smart Factor Indices (Mid-Cap, Value, Momentum and Low
Volatility), have a live track record that shows annualised outperformance of
4.51% compared to their cap-weighted benchmark.(1)
Commenting on the fact that assets tracking Scientific Beta indices had broken
through the USD 10bn mark, Noël Amenc, CEO of ERI Scientific Beta, said, "ERI
Scientific Beta's approach to smart beta index provision is based on three
guiding principles: more academic rigour, more transparency, and less cost. It
is extremely gratifying to see that these principles have proven to be
attractive to our clients. Crucially, the academic consensus and concern for
robustness that underlie the design of our smart beta indices can be seen not
only in our long-term track records, but also in our live performances."
(1)The average live outperformance across all Scientific Beta developed regions
of Scientific Beta Multi-Beta Multi-Strategy (Equal Weight and Relative Equal
Risk Contribution) indices is 4.51% and 4.24% respectively. This live analysis
is based on daily total returns in the period from December 20, 2013 (live date)
to March 31, 2016, for the following developed world regions - USA, Eurozone,
UK, Developed Europe ex UK, Japan, Developed Asia Pacific ex Japan, Developed ex
UK, Developed ex USA and Developed. The benchmark used is a cap-weighted
portfolio of all stocks in the respective Scientific Beta universes.
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As part of its policy of transferring know-how to the industry, EDHEC-Risk
Institute has set up ERI Scientific Beta. ERI Scientific Beta is an original
initiative which aims to favour the adoption of the latest advances in smart
beta design and implementation by the whole investment industry. Its academic
origin provides the foundation for its strategy: offer, in the best economic
conditions possible, the smart beta solutions that are most proven
scientifically with full transparency of both the methods and the associated
risks.
ERI Scientific Beta, 1 George Street, #07-02, Singapore 049145. For further
information, please contact: contact(at)scientificbeta.com, Web:
www.scientificbeta.com.
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Press_release_assets_USD_10bn.pdf:
http://hugin.info/157174/R/2017808/748801.pdf
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: EDHEC-Risk Institute via GlobeNewswire
[HUG#2017808]
Unternehmensinformation / Kurzprofil:
Datum: 03.06.2016 - 09:39 Uhr
Sprache: Deutsch
News-ID 475522
Anzahl Zeichen: 3995
contact information:
Town:
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Kategorie:
Business News
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