The Education of Beta: Can Alternative Indices Make Your Portfolio Smarter? (Callan Research)

October 2014

KEYWORDS: beta, alternative index strategies, alternatives


Callan Research

  • Callan Research


Can alternative indices make your portfolio smarter? That’s the question asked – and answered – by a new research paper from Callan Research. Its findings are that “smart beta” isn’t as smart as many investors have come to believe, and the authors make a compelling case that current alternative index strategies are unlikely to continue exhibiting the characteristics that have made them so popular.

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