Market-cap weighting reflects all market participants’ views, allowing passive investors a free ride on the collective wisdom of all active investors. But there is a risk that it could also lead a ...

We argue that each of these alternatively weighted index implementations, whether labeled fundamental indexing or smart beta, is inherently flawed. We believe price is a destabilizing influence on ...

This week on our Masters in Business interview, we speak with University of Pennsylvania Wharton School professor Jeremy Siegel, sometimes referred to as the “Wizard of Wharton.” Siegel also is a ...

Fundamental Indexes™ have stirred interest and debate among some of the biggest names in the worlds of investing and academic finance. Since my firm, Research Affiliates, unveiled the concept in 2004, ...

Far from being a replacement for the solid foundation of an index based on market capitalization, fundamental index strategies can act as a diversifier by removing some beta or broad market exposure.