The growth in the number of products tied to smart beta indexes in recent years has been little short of phenomenal. Marketed to investors as a comfortable halfway house between active and passive management styles, their appeal has been fuelled by the twin drivers of low yields on passive investments and frustration at high fees – and frequently disappointing returns – on actively managed ones.
But is that growth beginning to top out? Steffen Scheuble, founder and chief executive of index provi
The week on Risk.net, July 7-13, 2018Receive this by email