%0 Journal Article %A Richard C. Davis %T “Big Data” Meets “Smart Beta” %D 2015 %R 10.3905/jii.2015.6.1.039 %J The Journal of Index Investing %P 39-50 %V 6 %N 1 %X 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 %U https://jii.pm-research.com/content/iijindinv/6/1/39.full.pdf