At Morningstar Panel, “Smart Beta” Ripped Apart By FerriMark Melin
Richard Ferri Portfolio Solutions doesn’t like “smart beta” and he didn’t hold back in a Morningstar breakout session on the topic.
Richard Ferri doesn't know what smart beta is
“I don’t know what 'smart beta' is,” he said. “It’s a marketing phrase. I would be surprised if 10% of the people running around saying 'smart beta' even understand what beta is.” Beta investments . . .
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