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As fundamental indexing has grown — it has tripled from 2012 to 2017 — it has also drawn closer scrutiny and criticism.
Smart Beta Performance Isn’t Worth the Cost: Barry Ritholtz
published Jun 8, 2018 8:05:01 AM, by Barry Ritholtz (Bloomberg Opinion) — Last summer, we looked at fundamental indexing, which is perhaps better known by the catchy marketing phrase “smart beta.” The practice uses metrics such as book value, earnings and dividend yield to assemble investment portfolios, rather than the