Liquidnet CEO sceptical about robo-advisers, smart beta
The trading venue's founder and chief executive says robo-advisers and smart-beta strategies may be eye-catching for yield-starved investors, but they are relatively untested.
Robo-advisers and smart beta may be fashionable products, but they are relatively untested on providing long-term investment performance, argues Seth Merrin, chief executive of electronic trading venue Liquidnet.
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