Intelligence of 'Smart' Strategies Open to Question
Due diligence is required when examining the potential value of smart beta strategies, but there is room for innovation, particularly with fixed-income indexes, says Morningstar's Ben Johnson.
Christian Charest: We're coming to you today from the Morningstar ETF Invest Conference in Chicago. I'm here with Ben Johnson. He is the director of passive funds research at Morningstar.
Now Ben, earlier today, you moderated a session titled the "New World Order of Indexing." The panel was made up of three representatives from major index providers, and there were some interesting discussions on some of the innovation that's happening in the indexing industry and how that translates into the ETF world.