%0 Journal Article %A Adam Berger %A Conor McCarthy %A Aimee Picchi %T Practical Applications of The Last Smart Beta Paper You’ll Ever (Have to) Read: Nuggets of Hope beneath the Hype %D 2017 %R 10.3905/pa.2016.4.3.203 %J Practical Applications %P 1-4 %V 4 %N 3 %X The Last Smart Beta Paper You’ll Ever (Have to) Read: Nuggets of Hope beneath the Hype Overview The recent surge of new products touting smart-beta strategies has sparked a backlash among some skeptical investors who believe the approach may be another fad akin to portable alpha a decade ago. In an interview with Institutional Investor Journals , Adam Berger and Conor McCarthy of Wellington Management assert that most smart-beta products in the marketplace today will fail to live up to their hype due to inherent flaws, most notably index-like constructions that are poorly matched to investor objectives. Their full research findings appeared in The Journal of Index Investing. %U https://pa.pm-research.com/content/iijpracapp/4/3/1.5.full.pdf