TY - JOUR T1 - “Big Data” Meets “Smart Beta” JF - The Journal of Index Investing SP - 39 LP - 50 DO - 10.3905/jii.2015.6.1.039 VL - 6 IS - 1 AU - Richard C. Davis Y1 - 2015/05/31 UR - https://pm-research.com/content/6/1/39.abstract N2 - There is business intelligence in “big data” that can be utilized to improve performance in both actively and passively managed portfolios. But extracting that business intelligence from big data has a number of challenges, including the processing scale implied in the name itself. This article is intended to be a primer for investment professionals seeking to learn more about how to meaningfully utilize the brand-name citation metrics that are available from big data. It shows how to use those metrics as either a new form of fundamental data for tactically or quantitatively managed active portfolios, or as alternate selection and weighting strategies for tracking tolerant “smart beta” applications.TOPICS: Big data/machine learning, portfolio construction, passive strategies ER -