ERI Scientific Beta Newsletter-July 2017-continued

July 27, 2017--Editorial
The Merits of a "Top-Down" Approach to Multi-Factor Investing
"Top-down" approaches assemble multi-factor portfolios by combining distinct sleeves for each factor.
Generally, the "top-down" approach enables a choice of factor exposure to be reconciled with the diversification of the non-rewarded specific risk and thus to reduce it. Such is the objective of the Smart Beta 2.0 approach promoted by ERI Scientific Beta on the basis of research conducted by EDHEC-Risk Institute's research teams.

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Source: ERI Scientific Beta

Global ETP News
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