Smart beta exchange-traded funds (SB ETFs) have caught the attention of investors due to
their supposed ability to offer a better risk–return trade-off than traditionally structured …

The value of direct indexing in enhancing overall after-tax returns has been well established.
But where does direct indexing fit in an investor's portfolio? In this paper, we demonstrate …

The goal of core-satellite investing is to optimally balance the portfolio allocation between a
core and satellite investment. This paper provides an explicit solution when the investor's …

This thesis considers specific topics related to the dynamic modelling and management of
risk, with a particular emphasis on the generation of asymmetric and fat tailed behavior …

The aim of the present paper is the analysis of ETFs as a financial product in the global
market, as well which are their potentials, the way they trade, the main advantages and the …