FTfm: Smart Beta

Investors leap into new strategies such as smart beta, which minimises expenses on salaries, research and trading while trying to beat the index

© Cat O Neil

The initial simplicity of the marketing concept is now a complex mess

Analysts are warning of the risks

Smaller groups grow fast, but are dwarfed in comparison

Smart indexing has its fans, and sceptics too

Managers are finding that more of their strategies can be automated

A responsible tilt for a niche strategy

Study shows nearly half have an allocation to the strategies