ERI Scientific Beta makes comprehensive carbon reporting available free of charge for all indices
(Thomson Reuters ONE) -
ERI Scientific Beta extends the analytics capabilities of its smart beta index
platform
ERI Scientific Beta has announced an expansion of the Scientific Beta platform's
analytics capabilities, available with immediate effect from February 2017.
Notably, within the context of ERI Scientific Beta's environmental initiatives,
the carbon metrics, including both "Carbon Footprint" and "Carbon Intensity",
have been extended to all indices built on the Developed and Extended Developed
Europe universes and are available to platform users free of charge.
On this occasion, Professor Noël Amenc, CEO of ERI Scientific Beta, said, "This
initiative is part of our contribution towards the fight against the effects of
human activities on climate change. When we signed the United Nations-supported
Principles for Responsible Investment (PRI) on September 27, 2016, we clearly
expressed our desire to be one of the leaders in introducing environmental
constraints into the investment industry. In December 2015, on the occasion of
the Paris climate conference, we announced the launch of indices reconciling an
objective of strongly reducing the carbon exposure of the investment while
generating superior risk-adjusted return through a multi-factor approach. Today,
we have almost USD 3 million in assets committed to this type of approach. By
allowing all investors to assess the carbon intensity and carbon footprint of
their smart beta investment, we hope that they will easily be able to integrate
environmental constraints into their investment policy."
The analytics platform has also been enhanced to allow investors to avail of new
functionality to analyse the Scientific Beta indices:
* The "Risk Factor Exposure" analytic, which shows the risk factor exposure to
the cap-weighted market risk factor and the equal-weighted variants of the
six common factors (size, value, momentum, volatility, investment and
profitability), now also reports the "Factor Intensity," which is a measure
of aggregate factor exposure to the rewarded risk factors.
* The "Fundamentals" attributes now additionally report "Gross Profitability",
defined as the weighted average of the Gross Profitability of the
constituents, and "Total Asset Growth" metrics, defined as the weighted
average of the Total Asset Growth of the constituents.
* Finally, a new analytic, the "Score Factor Exposure", allows investors to
avail of analytics dedicated to the factor score, consistent with the
scoring used in the various construction phases of the Scientific Beta
indices. The analytic displays the six relative factor scores and relative
score intensity for the strategy index, its beta cap-weighted reference
(where applicable) and its broad cap-weighted reference.
Scientific Beta Analytics enable users to analyse the performance and risks of
ERI Scientific Beta's wide range of indices. The functionalities enable the
performance and risks to be measured in both absolute and relative terms and
also allow the user to qualify the risk-adjusted performance. The analytics
provide numerous features enabling the geographic and sector exposures and the
origin of the performance (performance attribution) to be identified. They also
enable the factor exposure, as well as the fundamental metrics associated with
each index, to be analysed.
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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_new_analytics:
http://hugin.info/157174/R/2080348/783383.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: EDHEC-Risk Institute via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 21.02.2017 - 09:56 Uhr
Sprache: Deutsch
News-ID 525313
Anzahl Zeichen: 5174
contact information:
Town:
Nice
Kategorie:
Business News
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"ERI Scientific Beta makes comprehensive carbon reporting available free of charge for all indices"
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