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There is a robust debate as to whether fundamental indexing is capturing anything more than classic Fama-French factors.
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