It’s the New Smart Beta Craze, But BlackRock’s Not Convinced

(Bloomberg) A new smart beta trend is kicking off, but for once you won’t find BlackRock Inc. leading the pack. The world’s biggest money manager, whose iShares exchange-traded funds are the gateway drug for many into the world of smart beta, is calling “too soon” on the latest version of these strategies, known as dynamic multifactor…

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