This is the third post in a mini-series on how factor returns from academia can be different to those from smart beta investing. For the

This is the second post in a mini-series on how factor returns from academia can be different to those from smart beta investing. For the

This is the first post in a mini-series on how factor returns from academia can be different to those from smart beta investing. Perhaps the

This is the seventh post in a series discussing some of the problems associated with investing in “smart beta” strategies. For the previous post on

This is the sixth post in a series discussing some of the problems associated with investing in “smart beta” strategies. For the previous post on

This is the fifth post in a series discussing some of the problems associated with investing in “smart beta” strategies. For the previous post on

This is the fourth post in a series discussing some of the problems associated with investing in “smart beta” strategies. For the previous post on

This is the third post in a series discussing some of the problems associated with investing in “smart beta” strategies. For the previous post on

This is the second post in a series discussing some of the problems associated with investing in “smart beta” strategies. For the previous post on

This is the first post in a series discussing some of the problems associated with investing in “smart beta” strategies. Everyone’s seen the quilt chart

Before ESG investing came along, “smart beta” was the next big thing. Smart beta strategies involve an investor tracking an index, much like traditional index

Considerations before investing in multifactor funds As we saw in my last post, multifactor investing has provided investors with a way to harness the benefits

As we saw in a previous post, factors have provided investors with a way to enjoy superior returns over a market-cap weighted benchmark over a

Now that we’ve looked at the major factors and the evidence behind them, the obvious question becomes why do these factors exist in the first

Traditional active management has been receiving increasingly tough press thanks to its high costs and apparent failure to outperform index tracking funds over the long