Matteo Andreetto, CEO of index provider STOXX, has said the smart-beta space is where he sees the most competition for index products, pointing to the need for a better definition of factors and greater innovation.
While it would be difficult to challenge the S&P in the US and MSCI in emerging markets within the traditional market cap-weighted arena, the CEO said the index provider that defined smart-beta the best...
'Purpose is not a mere tagline or marketing campaign'
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