FYI: The rise of smart beta may have reached a plateau — at least temporarily.
Exchange-traded fund providers last year launched fewer of these rules-based funds, which offer exposure to investment factors like value and momentum, according to a Cerulli Associates report Wednesday. Citing data from Morningstar, Cerulli said just 132 strategic beta ETFs were launched globally in 2018, a 49 percent drop from 2017.
Regards,
Ted
https://www.institutionalinvestor.com/article/b1f3vlr56s67yf/Smart-Beta-Slows-Down
