SMART BETA FOR DUMMIES
Archive
Month: April 2019
15 Apr
2019

SMART BETA FOR DUMMIES

Volume 3 / Issue 4 HERE’S THE THING! A good part of your active manager’s return is a function of the broad market in which she invests; we call that “Beta”. Another portion of your active manager’s return derives from her unique investment “Style”. Broad market “Index Funds” can capture the Beta portion of your..

01 Apr
2019

ERRATUM IN THE DATUM – NO FOOLING!

Volume 3 / Issue 3 HERE’S THE THING! SPIVA has reported corrections to some data I used in January’s Quaero JOURNAL . Corrected here, with the help of Professor Amin Rajan, I expand on the active/passive issue in an investment world radically disrupted over the past decade. Back in January, “In the bleak midwinter, Frosty..