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Bitcoin: a cautionary tale for institutional investors

One would expect the inventors of the RAFI index to apply fundamental research to their work. When they turn to something as ephemeral as cryptocurrencies, the results are also entertaining. The Research Affiliates Fundamental Index (RAFI) is the strategy which kick-started the smart-beta trend; the best-known strategy developed by California-based manager Research Affiliates in 2005….
Greg Bright | 5th Feb 2021 | More