From ACT Wiki
- "The return delivered by the market overall is known as 'beta'.
- Smart beta refers to the supposedly superior returns that can be extracted using particular, usually algorithmically driven, passive strategies.
- ... in the round, it seems unlikely that these relatively new forms of investment are going to prove any better at beating the market than the older ones."
- The Treasurer magazine, April 2017, p13 - Jeremy Warner, assistant editor of The Daily Telegraph.