Scientific Beta

ETF.com: "Eric Shirbini, global product specialist with EDHEC Risk Institute, is quick to point out that the smart-beta trend is still in its infancy, so it's too soon to pin the unimpressive growth of actively managed ETFs on the impressive rise of smart-beta funds."

ETF.com 07/07/2015

"(...) Eric Shirbini, global product specialist with EDHEC Risk Institute, is quick to point out that the smart-beta trend is still in its infancy, so it's too soon to pin the unimpressive growth of actively managed ETFs on the impressive rise of smart-beta funds. The problem, he says, hinges on performance—or lack thereof. "The lack of good performance of active managers is because, in a bull market, it's very difficult for an active manager to outperform, and we've had quite a strong bull market recently," Shirbini told us. (...)"