The little index that beats the markets

Joel Greenblatt, the author of a best-selling investment book, has teamed up with RBS to launch an investable index based on his magic formula.

Successful investors used to be happy just to be rich. Then, when investing went mass market in the 1980s, they weren't satisfied unless they were dispensing advice in books, newspapers and on television. Nowadays there's another string to their bows endorsing their own quant index.

Joel Greenblatt, author of The Little Book That Beats the Markets and managing partner of Gotham Capital, is the latest to enter the fray with his Gotham Enhanced Value Index Series -- a quant strategy...

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