@article {Amenc1, author = {No{\"e}l Amenc and Fr{\'e}d{\'e}ric Ducoulombier and Felix Goltz and Ashish Lodh and Sivagaminathan Sivasubramanian}, editor = {Moore, Howard}, title = {Practical Applications of Diversified or Concentrated Factor Tilts?}, volume = {4}, number = {1}, pages = {1--4}, year = {2016}, doi = {10.3905/pa.2016.4.1.166}, publisher = {Institutional Investor Journals Umbrella}, abstract = {Diversified or Concentrated Factor Tilts? No{\"e}l Amenc Fr{\'e}d{\'e}ric Ducoulombier Felix Goltz Ashish Lodh Sivagaminathan Sivasubramanian A number of smart-beta indices have been marketed as tools for investors to tilt their portfolios toward factor exposures, such as size, value, low volatility and momentum, while diversification-based smart-beta products have targeted the other key issue with market-capitalization-based indices{\textemdash}their inefficiency due to excessive concentration in the largest-cap stocks. In an article in The Journal of Portfolio Management , authors No{\"e}l Amenc , Fr{\'e}d{\'e}ric Ducoulombier , Felix Goltz , Ashish Lodh and Sivagaminathan Sivasubramanian evaluated the benefits and costs of diversified versus concentrated factor tilts.}, issn = {2329-0196}, URL = {https://pa.pm-research.com/content/4/1/1.17}, eprint = {https://pa.pm-research.com/content/4/1/1.17.full.pdf}, journal = {Practical Applications} }