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ISS STOXX announced Wednesday an agreement to acquire benchmark and custom index solutions firm Scientific Beta from the SGX Group. ISS STOXX also owns CIO. The Nice, France-based firm is a provider of smart beta, enhanced cap-weight and climate indexes for institutional investors. The firm was established in 2012 by the EDHEC-Risk Institute—now the EDHEC-Risk Climate Impact Institute—and was acqu...
ISS STOXX Acquires Index Provider Firm Scientific Beta | Huntaegis