Will smart beta be the next industry disruption?
from CFA Institute's Enterprising Investor
From April 26:
Smart-beta flows have been growing and are drawing industry attention. At one extreme, practitioners profess that smart-beta strategies could disrupt the investment management industry. On the other extreme, early adopters have cautioned against chasing performance and highlight how some of these strategies can “go horribly wrong.” How has smart beta evolved, and are these claims realistic?
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