1. An investment or financial asset whose value is significantly affected by systematic market risk, as measured by its beta coefficient relative to a market benchmark
High-beta tech stocks are beta-exposed assets that fluctuate significantly with overall market movements
As ações de tecnologia com alto beta são ativos expostos ao beta que flutuam significativamente com os movimentos gerais do mercado
2. In portfolio management, an asset that carries substantial correlation with broader market indices and macroeconomic factors
The fund manager seeks to reduce portfolio risk by limiting exposure to beta-exposed assets
O gestor de fundos busca reduzir o risco da carteira limitando a exposição a ativos expostos ao beta