Adviser warns over smart-beta underperformance
Studies have shown returns for some low-volatility ETFs have not delivered against similar funds. Jessica Cutrera has urged investors to do their homework on smart-beta products.
A Hong Kong advisory firm has warned investors to choose smart-beta ETFs carefully after a study found strong divergence in short-term performance of products with similar portfolio composition.
EXS Capital, a Hong Kong-based wealth management firm that uses ETFs extensively as core products for client portfolios, did some performance comparisons of smart-beta products and found some had underperformed quite dramatically in the last year when compared with peers.
Jes…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.