Smart-Beta Glut Has ETF Issuers Turning From Stocks to Bonds
- Oversaturation in equities is slowing new smart-beta funds
- Multi-factor combos were most cited strategy adopted: survey
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The explosion of “smart-beta” exchange-traded funds last year was the latest gold rush to hit the fast-growing $3 trillion ETF industry.
But, as investors gather in New York City Wednesday and Thursday for a conference focused on smart-beta ETFs, fund issuers find themselves facing a few emerging realities.