FYI: Eugene Fama and Kenneth French’s landmark research on the influence of various factors on portfolio returns helped spur the massive growth in the smart beta funds category. Morningstar says roughly $800 billion is now invested worldwide across 1,500 factor-based exchange-traded products, up from around $600 billion two years ago. (Factor investing and smart beta are mostly interchangeable terms.)
Regards,
Ted
https://www.fa-mag.com/news/bonds--the-next-frontier--in-factor-investing-50662.html?print