什么是smart beta?
Smart beta,或smart-beta,是近年来美国金融投资领域一个较为热门的概念,常见于描述投资组合或基金的构建策略。Research Affiliates是应用Smart beta方法的先行者,其对smart beta的定义如下: Smart beta strategies are designed to add value by systematically selecting, weighting, and rebalancing portfolio holdings on the basis of factors or characteristics other than market capitalization. Smart beta is a rules-based portfolio construction process. Traditional index-linked strategies rely on price to decide which stocks to invest in and how … Read more