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Smart beta becomes America’s hottest investment tool-jslottery

"Smart beta" into the most fire investment tool Jiashi development opportunities – grab reporter Xu Wenqing domestic entered in 2016, the global capital market volatility is large, there is a repeat of the 2008 financial crisis signs. At the same time, "smart Beta" (Smart) investment tools have gone up against the tide, becoming the most popular products by American investors. Domestic financial institutions are also aware of the important value of "smart beta". Reporters learned that, at present, a number of financial institutions, including the fund, securities companies, are strengthening the "smart beta" research, preparation of related products. As the first "smart beta" fund product issuers, Harvest Fund is as early as the end of 2014 to build a mobile Internet platform — shell tower, and took away the "smart beta" in domestic development opportunities. "Smart beta" is the hottest investment tool in the United States. "Smart beta" may be unfamiliar to domestic investors. But in the United States and other developed countries market, but it has many years of development process. According to Morningstar statistics, as of the middle of 2015, the global "smart beta" trading products total size of more than 497 billion 300 million U.S. dollars, only the United States market reached about $450 billion scale. The largest single product, iShares Russell 1000 Growth ETF, is more than $29 billion 400 million, hitting traditional financial products with an almost aggressive trend. Jinbei tower CEO Dai Jing Jiao said, "smart beta" in a nutshell is determined based on active rule of investment. It is a new investment strategy derived from the traditional index fund, but beyond the concept. This strategy can not only pursue excessive returns through concise and effective investment strategy, but also have the characteristics of openness, transparency and rigorous discipline of traditional beta products. Performance can overcome the traditional index funds, diversify investment and reduce volatility, is the important reason for the rapid development of smart beta products. Because the "smart beta" has both the advantages of passive investment and active investment, after the financial crisis in 2008, it has become one of the most sought after investment tools for American investors. Because of the market risk preference and the decrease of fixed assets yield, American investors hope to reduce the influence of human factors in investment, and prefer to choose the investment products with high transparency and simple principle. This market background provides an important foundation for the emergence of smart beta strategies, and has become a source of excess returns for pension funds, insurance companies and other institutions. Jinbei tower into a rapid development of the domestic development of pioneer "smart beta" products in overseas also attracted the attention of domestic financial institutions. It is understood that, including securities dealers, funds and other financial institutions in 2016 product planning, will be "smart beta" as one of the important strategies. By the middle of 2015, the domestic "smart beta" product was only 520 million US dollars, and the gap with the overseas market formed a blue ocean of financial product innovation. At the end of 2009, the Harvest Fund was launched

“聪明的贝塔”成美国最火投资工具 嘉实抢国内发展先机   □本报记者 徐文擎   步入2016年,全球资本市场更是波动加剧,大有重演2008年金融危机的苗头。与此同时,“聪明的贝塔”(Smart Beta)投资工具却逆市崛起,成为最受美国投资者关注的产品。   国内金融机构也意识到了“聪明的贝塔”的重要价值。记者了解到,目前包括基金、券商在内的多家金融机构正在强化“聪明的贝塔”研究,筹备相关的产品。作为国内第一只“聪明的贝塔”基金产品的发行者,嘉实基金更是早在2014年底打造了移动互联网平台――金贝塔,抢得“聪明的贝塔”在国内的发展先机。   “聪明的贝塔”成美国最火投资工具   “聪明的贝塔”对于国内投资者而言,可能还比较陌生。但在美国等发达国家的市场,却已有多年的发展历程。据晨星(Morningstar)数据统计,截至2015年中期,全球“聪明的贝塔”交易产品总规模已经超过4973亿美元,仅美国市场就达到了4500亿美元左右的规模。最大的单只产品iShares Russell 1000 Growth ETF的规模就超过294亿美元,以近乎侵略性的趋势冲击着传统金融产品。   金贝塔CEO戴京焦表示,“聪明的贝塔”简而言之就是基于确定规则的主动化投资。它是一种源于传统指数基金,但理念上超越前者的新型投资策略。该策略既可以通过简明有效的投资策略追求超额收益,又具有传统贝塔产品公开透明、纪律严谨的特点。业绩能够战胜传统指数基金、实现投资多样化和降低波动性,是聪明的贝塔产品得以高速发展的重要原因。   正是由于“聪明的贝塔”兼备被动投资与主动投资的优势,在2008年金融危机之后,就成为美国投资者最为追捧的投资工具之一。由于市场风险偏好及固定资产收益率的降低,美国投资者希望在投资中减少人为因素的影响,更偏向于选择透明度高、原理简单的投资产品。这样的市场背景为聪明的贝塔策略兴起提供了重要的基础,并成为养老基金、保险公司等机构资金获取超额回报的来源。   金贝塔成国内发展先锋   “聪明的贝塔”产品在海外的高速发展也引起了国内金融机构的高度关注。据了解,包括券商、基金等多家金融机构2016年产品规划,都将“聪明的贝塔”作为重要的战略之一。截至2015年中期,国内“聪明的贝塔”产品规模仅5.2亿美元,和海外市场的差距形成了金融产品创新的蓝海。   2009年底,嘉实基金便推出国内首款“聪明的贝塔”策略基金――嘉实基本面50。但考虑到中国投资者结构的特点,嘉实把“聪明的贝塔”战略侧重点放在互联网创新之上。戴京焦表示,其实“聪明的贝塔”目标受众是投资股票二级市场的公众。个人投资者始终面临着“买什么”、“何时买”、“何时卖”三大核心问题。于是,金贝塔通过由专业投资者给个人投资者提供投资逻辑明确的“聪明的贝塔”证券组合,结合产品功能的创新,解决“买什么”、“何时买”、“何时卖”三大核心问题。 进入【新浪财经股吧】讨论相关的主题文章: