http://allaboutalpha.com/blog/2006/08/28/anyone-here-seen-alpha/ Hedge funds, portable alpha, 130/30 and alpha-centric investing Fri, 19 Mar 2010 07:52:26 +0000 http://wordpress.org/?v=abc hourly 1 http://allaboutalpha.com/blog/2006/08/28/anyone-here-seen-alpha/comment-page-1/#comment-57 All About Alpha » Blog Archives » Professor David Hsieh Discusses Hedge Funds at Private Function Fri, 27 Oct 2006 01:00:22 +0000 http://allaboutalpha.com/blog/?p=207#comment-57 [...] As you may recall, Duke professor David Hsieh caused a stir in the hedge fund community last spring when he suggested that the overall amount of alpha available in the hedge fund industry was only around US$30 billion (posting, original article).  Subsequent commentators have suggested that he may not be far off since $30b represents about 3% of alpha on the $1.1 trillion industry - and that 3% “free lunch” sits adequately well with many academics. [...] [...] As you may recall, Duke professor David Hsieh caused a stir in the hedge fund community last spring when he suggested that the overall amount of alpha available in the hedge fund industry was only around US$30 billion (posting, original article).  Subsequent commentators have suggested that he may not be far off since $30b represents about 3% of alpha on the $1.1 trillion industry – and that 3% “free lunch” sits adequately well with many academics. [...]

]]> http://allaboutalpha.com/blog/2006/08/28/anyone-here-seen-alpha/comment-page-1/#comment-22 Size, strategy and swagger « Abnormal Returns Wed, 27 Sep 2006 15:53:38 +0000 http://allaboutalpha.com/blog/?p=207#comment-22 [...] In the hedge fund realm it has been hypothesized that there is only a limited amount of “alpha” that can be captured by hedge funds. Logically if the hedge fund industry continues to grow that alpha will be spread ever more thinly. The question is the same for private equity as well. As more private equity firms raise ever larger funds it begs the question whether the pickings will become slim? [...] [...] In the hedge fund realm it has been hypothesized that there is only a limited amount of “alpha” that can be captured by hedge funds. Logically if the hedge fund industry continues to grow that alpha will be spread ever more thinly. The question is the same for private equity as well. As more private equity firms raise ever larger funds it begs the question whether the pickings will become slim? [...]

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