Welcome to the second issue of The Journal of Beta Investment Strategies. We had a very successful launch issue with our tribute to Jack Bogle. Following the launch, we held a panel discussion on the active—passive continuum with Jim Rowley from Vanguard, Craig Lazzara from S&P, and Ben Johnson from Morningstar. You can find the discussion at https://www.pm-research.com/webinars.
For our second issue, we are looking at one of the hottest trends in the beta space: direct indexing. We are fortunate to have Ben Davis from Parametric as our special section editor. Ben’s firm is a pioneer in direct indexing, and he has put together a wonderful group of articles. Ben’s Special Section Editor’s Letter follows, providing an in-depth introduction to the issue. We plan to follow this issue with a panel discussion on direct indexing, so please check your email or the PMR webinar page in the coming months for more details.
As always, we welcome your submissions on factor investing, ETFs, smart beta, indexes, passive investing, or related subjects. We value your comments and suggestions, so please email us at journals{at}investmentresearch.org.
Brian R. Bruce
Editor-in-Chief
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