Organizer: Institutional Investor Events
Date: May 16-17, 2006
Location: London

From Programme: 

The separate portfolio management of alpha and beta offers huge potential benefits, in terms of flexibility in management selection, the opportunity to leverage the respective skill sets of alpha and beta managers, fee transparency and reduced transaction costs. And one step further from alpha-beta separation, portable alpha enables discrete alpha-generating strategies without affecting the underlying market positioning. But while these strategies are being touted as the ‘holy grail’ of portfolio management, much of the industry is still grappling with practical implementation issues; how to incorporate portable alpha into your current portfolio architecture to achieve risk-adjusted returns and effective liability management? Should you separate alpha from beta, or use a pure alpha overlay strategy? Who is currently implementing alpha-beta separation and portable alpha and to what level of success? What are the constraints of such strategies? How to manage the hidden beta exposure and beta costs?”

Link to Agenda