FYI: Since Eugene Fama and Kenneth French’s 1992 publication of the paper “The Cross-Section of Expected Stock Returns,” factor-based (style) investing has been applied in equity markets. Not only has it become increasingly popular, with massive flows into “smart beta” products, it has also been extended to long/short, market-neutral applications and across bonds, currencies and commodities.
Despite style investing’s popularity, comparatively little has appeared in the literature, or been put into practice by publicly available funds, as it relates to the enormous bond markets.
Regards,
Ted
http://www.etf.com/sections/index-investor-corner/swedroe-factors-fixed-income?nopaging=1
