EDHEC-Risk Institute

ERI Scientific Beta
“More for Less”: A Different Actor in the Indexing Industry
As part of its policy of transferring
ERI Scientific Beta aims to be the first
Established by EDHEC-Risk Institute,
range of options at each stage of
know-how to the industry, EDHEC-
provider of a smart beta platform to
one of the very top academic
their construction process. This choice
Risk Institute has set up ERI
help investors understand and invest in
institutions in the field of fundamental
enables users of the platform to
Scientific Beta. ERI Scientific Beta
advanced beta equity strategies. It has
and applied research for the
construct their own benchmark, thus
is an original initiative which aims
three principles:
investment industry, ERI Scientific Beta
controlling the risks of investing in
to favour the adoption of the latest
• Choice: A multitude of strategies are
shares the same concern for scientific
this new type of beta (Smart Beta 2.0).
advances in smart beta design
available that allow users to build their
rigour and veracity, which it applies to
The Scientific Beta platform currently
and implementation by the whole
own benchmark, choosing the risks to
all the services that it offers investors
offers 3,076 smart beta indices.
investment industry. Its academic
which they wish, or do not wish, to be
and asset managers.
origin provides the foundation for its
exposed. This approach, which makes
Within the framework of Smart Beta
strategy: offer, in the best economic
investors responsible for their own risk
Part of EDHEC Business School, a not-
2.0 offerings, ERI Scientific Beta
conditions possible, the smart beta
choices, referred to as Smart Beta 2.0,
for-profit organisation, EDHEC-Risk
provides access to smart factor indices,
Noël Amenc
CEO, ERI Scientific Beta
solutions that are most proven
scientifically with full transparency of
both the methods and the associated
is the core component of the index
offerings proposed by ERI Scientific
Beta.
Institute has sought to provide the
ERI Scientific Beta services in the best
possible economic conditions.
which give exposure to risk factors that
are well rewarded over the long term,
while at the same time diversifying
risks.
away unrewarded specific risks. By
• Transparency: The rules for all of the
The ERI Scientific Beta offering covers
combining these smart factor indices,
Scientific Beta series are replicable and
three major services:
one can design very high-performance
transparent. The track records of the
• Scientific Beta Indices
passive investment solutions.
Scientific Beta indices can be checked
Scientific Beta Indices are smart beta
and justified through unrestricted
indices that aim to be the reference
• Scientific Beta Analytics
access to historical compositions.
for the investment and analysis of
Scientific Beta Analytics are detailed
alternative beta strategies. Scientific
analytics and exhaustive information
• Clarity: Exhaustive explanations
Beta Indices reflect the state of the
on its smart beta indices to allow
of construction methodologies
art in the construction of different
investors to evaluate the advanced
are provided, as well as detailed
alternative beta strategies and allow
beta strategies in terms of risk
performance and risk analytics.
for a flexible choice among a wide
and performance. The analytics
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