What are Fama and French’s findings from their five-factor model? How do you reconcile their empirical findings with the CAPM model?Discuss
1.What are Fama and French’s findings from their five-factor model? How do you reconcile their empirical findings with the CAPM model? 2.Characterise smart beta ETFs. 3.What is meant by factor or smart beta investing, and what is the rationale behind it? 4.This set of questions asks you to compare portfolios created from the MSCI factor […]