Scientific Beta

Money Observer: "However, academic research suggests smart beta funds have, at least in the past, consistently outperformed traditional passive vehicles; and that also means they've tended to beat the average actively-managed fund."

Money Observer 01/05/2014

 

"(...) However, academic research suggests smart beta funds have, at least in the past, consistently outperformed traditional passive vehicles; and that also means they've tended to beat the average actively-managed fund. In a study published in February by the EDHEC Risk Institute, the outperformance identified was significant. It reported "excess annual performance over broad cap-weighted indices ranging from 1.54 per cent to 3.00 per cent since inception {in 2002} for the developed universe".  (...)"

Copyright Money Observer