RT Journal Article SR Electronic T1 Practical Applications of Smart Beta: The Owner’s Manual JF Practical Applications FD Institutional Investor Journals SP 1 OP 5 DO 10.3905/pa.2015.3.sb.120 VO 3 IS SB A1 Ronald N. Kahn A1 Michael Lemmon A1 Cathy Scott YR 2015 UL https://pm-research.com/content/3/SB/1.8.abstract AB Smart Beta: The Owner’s Manual Ronald N Kahn Michael Lemmon In an interview with Institutional Investor Journals , Ron Kahn and Mike Lemmon , senior executives at BlackRock , describe a new marketplace in which investors need to understand and optimize the sources of their returns and managers need to deliver active returns beyond static exposures to smart-beta factors. Though not a new concept, smart beta has become a disruptive innovation with important ramifications for investors and active managers.