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

The common wisdom in the investment industry is that whilst passive investing may work for equities, fixed income is a completely different ball game. Various

Real estate is often overlooked in the active/passive debate, with most of the focus having fallen on equities and bonds. Real estate hasn’t been explored

The conventional logic is that emerging markets are so rife with pricing inefficiencies (due to fewer analysts and active managers) that active management should be

“NOW SHOW JAPAN” is commonly shouted (over the internet) by people looking to debunk an investment strategy. Japan is notorious for being the exception to

The outperformance of passive funds continues in Europe, with the majority of active funds underperforming their benchmarks over the last 10 years according to both