FYI: A rough start to the year for more than $850 billion exchange traded funds with quantitative strategies is fueling a product rethink.
Smart-beta stock ETFs — which use characteristics such as a company's value, size or momentum to direct investments — lured the least money in 12 months in the U.S., dragging asset growth below the five-year average for a second quarter, according to data compiled by Bloomberg. Instead of quitting, ETF providers are doubling down and trying to woo investors with all-in-one funds that pull together several factors.
Regards,
Ted
https://www.investors.com/etfs-and-funds/etfs/quants-reboot-factor-investing-ebbing-demand-bites-at-etfs/
