This is a summary of links featured on Quantocracy on Saturday, 06/11/2016. To see our most recent links, visit the Quant Mashup. Read on readers!
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PDF: To Win With Smart Beta Ask If the Price Is Right [Research Affiliates]This is the second of a series on the future of smart beta. In our first article in this seriesHow Can Smart Beta Go Horribly Wrong? 1we show, using U.S. data, that the relative valuation of a strategy (in comparison with its own historical norms) is correlated with the strategys subsequent return at a five-year horizon. The high past performance of many of the increasingly