FT Adviser: "Firms operating in the rapidly growing smart beta space are still failing to provide a number of details dubbed “crucial” by investors, in a development that emphasises the growing scrutiny of such products. In its 2016 European ETF and Smart Beta Survey, the EDHEC Risk Institute highlighted a gap between how badly investors desired a piece of information and how easily available they considered this to be."
FT Adviser 14/06/2017
"(...) Firms operating in the rapidly growing smart beta space are still failing to provide a number of details dubbed “crucial” by investors, in a development that emphasises the growing scrutiny of such products. In its 2016 European ETF and Smart Beta Survey, the EDHEC Risk Institute highlighted a gap between how badly investors desired a piece of information and how easily available they considered this to be. Liquidity and capacity questions were judged to be the most important topic for those surveyed, with a score of 4 on a scale of 0 to 5. However, information was “relatively difficult to obtain” here, according to respondents. Other areas such as the composition of an index also appeared to cause concerns. “Even relatively basic information such as the index construction methodology is not judged to be easily available (score of 3.14) relative to its importance (score of 3.85),” said the report. (...)"
Copyright Financial Times Ltd.