Beyond Smart Beta is the investor's complete guide to index investing, with deep analysis, expert clarification and smart strategies for active portfolio management. From the general to the obscure, this book digs into every aspect of Exchange Traded Funds (ETFs) including ETCs and ETNs to break down the jargon and provide accessible guidance on utilising the indices as part of a more productive investment strategy. Succinct explanations of terms and concepts help you better grasp ETP anatomy, mechanics and practices, while examples, charts and graphs provide quick visual reference for total understanding. The expert author team examines the risks and benefits associated with various indexing approaches, sharing critical review of next-generation methods to help you make well-informed investment decisions.
ETFs provide a solid foundation within mature and well-researched markets, allowing investors to focus on areas where active management has the potential to reap higher returns. This book shows you how to take full advantage of the growth of this market to strengthen your portfolio for the long term.
- Assess the current landscape and the anatomy of ETFs/ETPs
- Understand ETP handling, costs, trading, and investment
- Evaluate the pros and cons of next-generation indexing approaches
- Avoid risk while incorporating indices into an active portfolio management strategy
Index concepts have evolved from basic, passive investments through Smart Beta, and are evolving into a third generation of products that will quickly become an important element of investor portfolios. Key benefits have propelled ETFs to surpass hedge funds in global capital, and the growth shows no sign of slowing. Beyond Smart Beta provides a primer for investors seeking to understand — and take advantage of — these lucrative new products.
Keywords: index investing; Exchange Traded Products; Exchange Traded Funds; ETFs; Indexing; Smart Beta; ETPs; next-generation index investing; portfolio management; active portfolio management; investing advice; indices; understanding ETFs; learning index investing; index investing approaches; ETP risk and benefits; ETP pros and cons; index investing tools; ETP anatomy; how index investing works; index investing guide; ETP landscape; Risk Premia; Risk Factor Investing; Dynamic Asset Allocation; Dynamic Beta Management; Factor Rotation; Behavioral Gap; investment strategy; portfolio strategy; Beyond Smart Beta: Index Investment Strategies for Active Portfolio Management; Martin Raab; Gökhan Kula; Sebastian Stahn, General Finance & Investments