A guide to the popular and fast growing investment opportunities of smart beta Equity Smart
Beta and Factor Investing for Practitioners offers a hands-on guide to the popular investment …

In this article, the authors discuss asset allocation through the factor exposure lens. They
argue that a factor dimension brings novel challenges, including ambiguity in investor …

Since around 2010, papers appeared that advise to use the risk factors found in the equity
market as building blocks for constructing diversified stock portfolios. Since 2016, several …

In a recent discussion about efficient ways to combine multiple firm characteristics into a
multifactor portfolio, a distinction was made between the bottom-up and top-down approach …

Executive summary Factor strategies differ significantly in terms of portfolio construction.
There is much debate regarding the pros and cons of alternative construction approaches. A …

La selección del mercado con fines de exportación es un paso muy importante para
cualquier tipo de empresa que estudia la decisión de expandir su negocio y volverse más …

This study compares the risk-adjusted performance of 10 single-factor (smart beta) and 75
multi-factor (advanced beta) portfolios over the period of 1992 to 2019. The emphasis is set …

This study examined investment using the top-down and bottom-up approach. For this, more
than 6700 of the alive and dead stocks of 13 European countries were used. Analyses were …

Executive summary Factor investing is a simple concept. Put simply, factor exposures drive
the performance of diversified portfolios. With a construction technique that furnishes the …