PT  - JOURNAL ARTICLE
AU  - Adam Berger
AU  - Conor McCarthy
ED  - Picchi, Aimee
TI  - Practical Applications of The Last Smart Beta Paper You’ll Ever (Have to) Read: <em>Nuggets of Hope beneath the Hype</em>
AID  - 10.3905/pa.2016.4.3.203
DP  - 2017 Jan 31
TA  - Practical Applications
PG  - 1--4
VI  - 4
IP  - 3
4099  - https://pm-research.com/content/4/3/1.5.short
4100  - https://pm-research.com/content/4/3/1.5.full
AB  - 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.