Factor Investing – Page 9
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NewsIntricate risk controls have damaged portfolios, says 300 Club
Idaho’s Bob Maynard says ‘transparency’ should be main method of controlling risk
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Special Report
Smart beta: Collecting the premiums
Martin Steward spoke to Denmark’s PKA about its pioneering approach to extracting risk and return from equity markets – and beyond
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Special Report
Smart beta: A question of governance
Andrew Ang and Alfred Slager shared the stage at a recent seminar. Martin Steward reports on how the debate has moved from the ‘if’ questions to the ‘how’
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Special Report
Smart beta: Every drop of return
Martin Stewardspoke to the Environment Agency Pension Fund, 2013 IPE Award winner for smart beta, about its adoption of diversity weighting, fundamental indexation and low-volatility strategies
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Special ReportThe smart beta family tree
The range of new forms of ‘beta’ can leave investors bewildered. Martin Steward’s illustrative taxonomy offers a flavour of how these solutions might be categorised and how they relate to one another, and lists the key research papers that first described each methodology.
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Special Report
Smart beta: Smart investing or smart trading?
There are limited ways to explain the excess returns that smart beta generates over the market portfolio. Martin Steward uncovers a world of contention over which are the most important
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Special Report
Smart beta: Lend to those that don't need it
Mike Story offers the case for taking the smart beta concept into the world of bonds
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Special Report
Smart beta: Neither 'smart' nor 'beta'
John Velis offers the case against taking the smart beta concept into the world of bonds
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Special Report
Smart beta: The nirvana of equity investing?
Low turnover, low fees, repeatable and testable rules and an avoidance of concentration in the biggest stocks make the smart beta idea compelling, concedes Matthew Beddall. But none of that can make a great-looking backtest into reality
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Special Report
Smart beta: The battle for the middle
Smart beta has succeeded because it can help solve not one but two important problems, writes Emma Cusworth. But investors need to be clear about which problem they are solving
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Special Report
Smart beta: Smart beta's Tower of Babel
Smart beta systematically introduces different risks than those contained in the market portfolio – and yet mandates are still generally benchmarked against the market. Brendan Maton writes about the urgent need for more suitable measures of risk and return
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News
EDHEC-Risk Institute launches smart beta index platform
EUROPE – Platform enables investors to control risks of benchmarks, institute says.
