Be it value, growth, momentum, size, low volatility, some blend thereof – or something else entirely, factor investment strategies have been gaining popularity. In fact, one survey conducted this year found that almost half of asset owners reported using some kind of smart-beta strategy in their asset allocation. So why does the author of today’s article liken the use of factor strategies by some investors to the use of drugs by addicts? CLICK HERE.
“Hooked”: Are Some Investors Addicted To The “Cheap Highs” Of Factor Investment Strategies?
- by Bob Mitchell