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ETF.com

Guest Post on ETF.com: ‘Smart Beta’ Looks Like Expensive Beta

By Dan Egan

With high-fee active managers and hedge funds in decline, and technology lowering much of the cost of day-to-day investment management, how can a fund manager justify a higher-margin product?

Judging by the past, such a product would likely play on consumers’ desire to beat the market, without trading off liquidity, concentration or opacity risks.

Read the Original Article

This article originally published June 8th, 2015 on ETF.com

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