While much has been written recently about smart beta, alternative beta, and factor investing, some important issues have received scant attention, including historical perspective (how much is really ...

Factor investing involves using factor models like CAPM and APT to predict individual security returns based on macroeconomic or other factors. Factor investing is a formulaic method for forecasting ...

With investors almost euphoric in their love of index funds, it seems that every active manager is looking to smart-beta, or factor, investments as the antidote. But Goldman Sachs Asset Management is ...