In the Margins

Economist Malkiel takes on smart-beta funds

May 13, 2016

By MarketWatch

Burton G. Malkiel, the economist known for being one of the biggest proponents of index investing, continues to be among the skeptics of smart-beta mutual funds and exchange-traded funds. "In that [smart beta] does enhance returns, it’s likely because the portfolios have additional risk," Malkiel said in an interview. "It isn’t some smart new way to outperform on a risk-adjusted basis." Read the original story from MarketWatch.

 

 

Most Read

Top of the Agenda - Regulatory
ICI pursues reforming, modernizing '40 Act

The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...

10 Things
10 Women...who chair the Audit Committee

The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...