Smart beta has become the flavor of the decade in the investment world with its low fees, easy
access to rewarded risk premiums, and appearance of providing good investment results …

… Senior Vice President Kenneth Lillelund Winther Tryg Forsikring E-mail: Kenneth.Winther@tryg.dk
/ kw.fi@cbs.dk Kenneth Lillelund Winther er senior vice president i Tryg’s …

… world for decades,” says Winther. However, Winther and Steenstrup had a harder time …
strategy makes it a little too simple to be the best possible investment style,” says Winther. …

This paper investigates the ability of Active Share in combination with tracking error to identify
superior active equity mutual funds in large European markets and small markets across …

This thesis uses two measures of active fund management, active share and tracking error,
to evaluate whether the performance of actively managed mutual funds is related to the level …

… Evalueringen er gennemført af en projektgruppe i Rambøll bestående af Allan Jensen,
Morten Agerlin Petersen og Kenneth G. Lillelund. Rapporten er udarbejdet af Allan Jensen. …

This report examines whether a retail investor with the use of two measuring tools of active
management, active share and tracking error, can increase his expected return by investing …

This study examines the performance and active management of a survivorship bias free
sample, consisting of 69 actively managed Norwegian equity funds, in the period from January …

… I midten af oktober kunne Politiken så oplyse, at de danske soldater i Afghanistan havde …
Til Politiken sagde han bl.a.: “Det er et område, som har kostet blod, sved, tårer og soldaters …

With the surge of shareholder activism in Europe, this study sets out to investigate the stock
performance and variation in returns of European shareholder activist targets, using a …