On Balance
There are many reasons why our Smart Alpha process works so well and stands up to scrutiny.
We start with the investible universe and immediately ‘knock out’ the stocks we don’t want to own. Stocks are initially selected by Factor – a ‘bottom up’ selection process.
As regular readers know, we like a sports analogy and so let’s think about horse racing for a moment. As a person who goes racing twice a a year for a good day out, I don’t follow racing like I follow other sports. I don’t research the race card before attending and yet I place […]