... may succeed in seeking the alpha without active strategy, thereby avoiding the risk of market timing and saving the management cost. Smart Beta Alternative Index Passive Management Optimal Asset Allocation Excess Return © 2017 Emerald Publishing Limited 2017 This article is published...

... size and value premium with long-only portfolios. The advantage of these strategies is more straightforward recalling the fact that rebalancing of Fama-French factor portfolios involves short-sale and high turnover. Alternative Index Diversity-weighted Index Fundamental Index Minimum Variance...