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Smart Beta or Smart Alpha?

Kenneth Lillelund Winther and Søren Resen Steenstrup
The Journal of Investing Spring 2016, 25 (1) 85-94; DOI: https://doi.org/10.3905/joi.2016.25.1.085
Kenneth Lillelund Winther
is senior vice president at Tryg’s Investment Department in Copenhagen, Denmark, and an external lecturer at Copenhagen Business School in Copenhagen, Denmark.
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  • For correspondence: kenneth.winther@tryg.dk kw.fi@cbs.dk
Søren Resen Steenstrup
is a financial analyst at Tryg’s Investment Department in Copenhagen, Denmark.
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  • For correspondence: soeren.steenstrup@tryg.dk
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Article Information

vol. 25 no. 1 85-94
DOI 
https://doi.org/10.3905/joi.2016.25.1.085

Published By 
Pageant Media Ltd
Print ISSN 
1068-0896
Online ISSN 
2168-8613
History 
  • Published online February 29, 2016.

Copyright & Usage 
© 2016 Pageant Media Ltd

Author Information

  1. Kenneth Lillelund Winther
    1. is senior vice president at Tryg’s Investment Department in Copenhagen, Denmark, and an external lecturer at Copenhagen Business School in Copenhagen, Denmark. (kenneth.winther{at}tryg.dk) (kw.fi{at}cbs.dk)
  2. Søren Resen Steenstrup
    1. is a financial analyst at Tryg’s Investment Department in Copenhagen, Denmark. (soeren.steenstrup{at}tryg.dk)
  1. To order reprints of this article, please contact Dewey Palmieri at dpalmieri{at}iijournals.com or 212-224-3675.
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The Journal of Investing: 25 (1)
The Journal of Investing
Vol. 25, Issue 1
Spring 2016
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Smart Beta or Smart Alpha?
Kenneth Lillelund Winther, Søren Resen Steenstrup
The Journal of Investing Feb 2016, 25 (1) 85-94; DOI: 10.3905/joi.2016.25.1.085

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Smart Beta or Smart Alpha?
Kenneth Lillelund Winther, Søren Resen Steenstrup
The Journal of Investing Feb 2016, 25 (1) 85-94; DOI: 10.3905/joi.2016.25.1.085
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  • Article
    • Abstract
    • INTUITION BEHIND ACTIVE MANAGEMENT WITHIN RISK PREMIUMS
    • RISK PREMIUMS AND SMART BETA
    • DATA
    • CONSTRUCTING THE ACTIVE RISK PREMIUM PORTFOLIOS
    • ANALYSIS
    • DISCUSSION
    • CONCLUSION
    • APPENDIX
    • ENDNOTE
    • REFERENCES
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