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Factor investing is by no means a black box

Robeco Asset Management Podcast

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Factor Investing vs Smart Beta?

Factor investing is the choice to strategically get exposure to one or more factors in your portfolio. Smart beta, I see, is a way of how you can obtain that factor exposure. So smart beta indices are designed to get factor exposure. But if you want to do factor investing, you don't necessarily invest in these smart beta indices. You could also select other factor-based strategies.

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