Scientific Beta

Funds Europe: "The stratospheric rise of smart beta has provoked intense debate in recent years. EDHEC Risk Institute feel much of this debate has been driven by misconceptions about smart beta strategies. The institute has now published a list of the most common misconceptions about smart beta, in three separate areas of smart beta performance and risk."

Funds Europe 21/07/2016

"(…) The stratospheric rise of smart beta has provoked intense debate in recent years. EDHEC Risk Institute feel much of this debate has been driven by misconceptions about smart beta strategies. The institute has now published a list of the most common misconceptions about smart beta, in three separate areas of smart beta performance and risk. (...) The firm’s analysis shows that more often than not, superficially convincing claims about smart beta strategies are in fact erroneous. Challenging conventional wisdom by reviewing academic literature and empirical evidence, the institute believes, will lead to more balanced conclusions and a more nuanced understanding of the benefits and risks of smart beta strategies. (...)"