The acquisition brings Scientific Beta’s academic research-based investment strategies into Stoxx’s index platform, strengthening its offering across factor investing and benchmark solutions.

Switzerland-based index provider Stoxx has acquired Scientific Beta, a France-based index provider specialising in research-driven smart beta, climate and enhanced capitalisation-weighted indices, according to a media release by the firm. Scientific Beta was founded in 2012 within the EDHEC-Risk Institute  Stoxx, part of the ISS Stoxx group, said the acquisition is aimed at strengthening its capabilities in systematic index solutions and expanding its engagement with institutional asset