PT - JOURNAL ARTICLE AU - Eugene Podkaminer ED - Kranc, Joel TI - Practical Applications of The Education of Beta: <em>Can Alternative Indexes Make Your Portfolio Smarter?</em> AID - 10.3905/pa.2015.3.sb.005 DP - 2015 Dec 31 TA - Practical Applications PG - 1--3 VI - 3 IP - SB 4099 - https://pm-research.com/content/3/SB/1.5.short 4100 - https://pm-research.com/content/3/SB/1.5.full AB - The Education of Beta: Can Alternative Indexes Make Your Portfolio Smarter? Eugene Podkaminer Many asset management firms say they offer smart beta strategies, but what exactly does that mean? Not all managers think of smart beta in the same way, and it is left up to asset owners to decipher between the marketing elements of a given strategy and the real meat and potatoes.This situation is risky for the consumer, cautions Eugene Podkaminer of Callan Associates. Investor expectations may not be met when their smart beta strategies impact their portfolios in unforeseen ways, he points out. Podkaminer is Senior Vice President in the Capital Markets Research Group at Callan Associates.