Smart beta complexity is hurting investors
Plus: The SEC's fuzzy enforcement rules, a fighting chance for active management, and the worst part of being rich
- The biggest risk of smart-beta investing might be that the strategies are becoming too complex for their own good. Timing smart-beta investing.
- The SEC’s fuzzy rules on dodgy accounting violations. From a slap on the wrist to jail time.
- Does active management even have a fighting chance? What needs to change.
- There are downsides to being a millionaire. First world problems.
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