The concept of strategic beta (which some call smart beta) wasn't actually new; it had been used in institutional portfolios for quite some time. (libertyshares.com)
Over this time, the company has successfully developed several investment operations and built expertise in the management of institutional portfolios, retail mutual funds, and structured product investments. (jackson.com)
This kind of attribution analysis is «costly and time consuming» and only practical for separately managed institutional portfolios, the report said. (insurancenewsnet.com)