FYI: Can alternative indices make your portfolio smarter? That’s the question asked – and answered – by a new research paper from Callan Research. Its findings are that “smart beta” isn’t as smart as many investors have come to believe, and the authors make a compelling case that current alternative index strategies are unlikely to continue exhibiting the characteristics that have made them so popular.
Regards,
Ted
http://dailyalts.com/callan-research-offers-education-beta-new-research-paper/
