Press review
Financial Times
"Lionel Martellini, a professor at France’s Edhec Business School, said: “Smart beta is not a free lunch.“A well-diversified exposure to rewarded factors will not always outperform. The promise is instead merely that it will provide superior risk-adjusted performance on average across market conditions in exchange for suffering pain in some market conditions.“
Copyright Financial Times
https://www.ft.com/content/728384ad-73db-3d61-b1b8-58834ae5fdff
2019
