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

10 Things
10 Things...to know about BDCs

Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...

Top of the Agenda - Succession
Vanguard nominates two, as two hit retirement

The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...