RT Journal Article
SR Electronic
T1 Practical Applications of The Last Smart Beta Paper You’ll Ever (Have to) Read: <em>Nuggets of Hope beneath the Hype</em>
JF Practical Applications
FD Institutional Investor Journals
SP 1
OP 4
DO 10.3905/pa.2016.4.3.203
VO 4
IS 3
A1 Adam Berger
A1 Conor McCarthy
A1 Aimee Picchi
YR 2017
UL https://pm-research.com/content/4/3/1.5.abstract
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.