Delve into ETFs for smarter investing and a weatherproof portfolio Beyond Smart Beta is the
investor's complete guide to index investing, with deep analysis, expert clarification and …

Abstract “Gold-standard” cap-weighted indices have a buy-high and sell-low dynamic that
causes a structural long-term performance drag. Of course, relative to itself, no index can …

The first part of this thesis aims to analyse the weaknesses of capitalization-based indexing
methods and compares different weighting strategies, which are dedicated to alleviate the …

Abstract In 2009, Arnott, Li, and Sherrerd asked how a clairvoyant investor-an investor who
can see the future cash flows that a company will deliver to its shareholders and an eventual …

The economy has very real implications in our daily lives. Our jobs, spending, and personal
well-being are all tied to its ups and downs. When economic times are good, we feel good …

Recent findings by Fama and French (2012) report a decreasing pattern of value premia
alongside an increase in firm size. Large trading volumes of value investors often restrict …

Value investing has underperformed relative to growth investing over the last 13.3 years.
The authors examine several popular narratives to explain this relative underperformance …

Portfolios of risky assets which are rebalanced according to a rule set are known to
outperform corresponding buy-and-hold portfolios if volatility is high and correlations …

Extreme events have a material impact on return distributions and investment decisions.
However, the role of event risks is understated in popular financial decision making …

This is a literature review on the paradigm shift of asset pricing of the mainstream and other
trends, from the beginning of the xx century to date, by considering two periods: before and …