[Today’s issue of The Global Guru is a summary of a keynote speech, ‚??Is ‘Smart Beta’ Intelligent Investing?‚?Ě I gave earlier today at a Citywire ‚??Smart Beta‚?Ě conference outside of London. You can download a copy of the actual presentation.]
‚??Smart beta‚?Ě investment strategies are red hot — not in the least because they are trouncing an already sizzling U.S. stock market in 2013.
‚??Smart beta‚?Ě exchange-traded funds (ETFs) have attracted $45 billion in new investment during 2013. By way of comparison, ‚??smart beta‚?Ě ETF assets grew 43% the first nine months of 2013, versus 16% growth in total ETF assets.
So are ‚??smart beta‚?Ě strategies merely a passing fad?
Or are they genuinely a ‚??better mousetrap?‚?Ě
For me the answer is clear…
Read more about the investing positives of “smart betas” at Eagle Daily Investor.