http://allaboutalpha.com/blog/2006/09/14/hedge-funds-internet-redux/ 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/2006/09/14/hedge-funds-internet-redux/comment-page-1/#comment-6785 allaboutalpha.com: Welcome to AllAboutAlpha.com Thu, 24 May 2007 00:54:57 +0000 http://allaboutalpha.com/blog/2006/09/01/hedge-funds-internet-redux/#comment-6785 [...] But for those able to adopt it, fee-only business is also more defensible one in the long run.  When fees for advice are transparent and not buried within other charges, advisors can rest assured that they will always be compensated directly for what they do - advise.  And in doing so, they could sell both pure passive (e.g. ETFs) and pure active (e.g. hedge fund) investments without worrying about which one pays more.  (See related posting on similar phenomenon in the travel industry). [...] [...] But for those able to adopt it, fee-only business is also more defensible one in the long run.  When fees for advice are transparent and not buried within other charges, advisors can rest assured that they will always be compensated directly for what they do – advise.  And in doing so, they could sell both pure passive (e.g. ETFs) and pure active (e.g. hedge fund) investments without worrying about which one pays more.  (See related posting on similar phenomenon in the travel industry). [...]

]]> http://allaboutalpha.com/blog/2006/09/14/hedge-funds-internet-redux/comment-page-1/#comment-240 All About Alpha » Blog Archives » UMAs: Base Camp for Wealth Managers to Scale Mt. Alpha Thu, 11 Jan 2007 14:16:49 +0000 http://allaboutalpha.com/blog/2006/09/01/hedge-funds-internet-redux/#comment-240 [...] As we have discussed, technological and financial innovation have a habit of forcing companies to focus on their core competencies.  Travel agents without the Sabre reservation system were forced to provide knowledge and advice to pay the bills.  Similarly - as Jeff Strange of Ceruilli points out - financial advisors (without captive mutual fund trailers) are forced to provide knowledge and portfolio construction advice to pay the bills.  [...] [...] As we have discussed, technological and financial innovation have a habit of forcing companies to focus on their core competencies.  Travel agents without the Sabre reservation system were forced to provide knowledge and advice to pay the bills.  Similarly – as Jeff Strange of Ceruilli points out – financial advisors (without captive mutual fund trailers) are forced to provide knowledge and portfolio construction advice to pay the bills.  [...]

]]> http://allaboutalpha.com/blog/2006/09/14/hedge-funds-internet-redux/comment-page-1/#comment-170 All About Alpha » Blog Archives » Hands off Hedge Funds Fri, 22 Dec 2006 01:09:30 +0000 http://allaboutalpha.com/blog/2006/09/01/hedge-funds-internet-redux/#comment-170 [...] In this comprehensive defense of the hedge fund industry, Washington Post columnist Sebastian Mallaby echoes a theme that has weaved its way through stories several times on this blog: the parallels between technological innovation and financial innovation, between e-business start-ups and hedge fund start-ups, and between economic efficiencies resulting from process disintermediation and financial efficiencies resulting from the disintermediation of securities (such as mutual funds).  [...] [...] In this comprehensive defense of the hedge fund industry, Washington Post columnist Sebastian Mallaby echoes a theme that has weaved its way through stories several times on this blog: the parallels between technological innovation and financial innovation, between e-business start-ups and hedge fund start-ups, and between economic efficiencies resulting from process disintermediation and financial efficiencies resulting from the disintermediation of securities (such as mutual funds).  [...]

]]> http://allaboutalpha.com/blog/2006/09/14/hedge-funds-internet-redux/comment-page-1/#comment-10 All About Alpha » Blog Archives » Alpha Bets 2006 Wed, 13 Sep 2006 23:08:09 +0000 http://allaboutalpha.com/blog/2006/09/01/hedge-funds-internet-redux/#comment-10 [...] For those of you who missed it, this was ostensibley a long-only (traditional) investment conference.  But a close look at the agenda reveals the underlying “alpha-centricity” of the event.  Reaffirming the theory contained in this posting that the “hedge fund” and “long-only” worlds are colliding. [...] [...] For those of you who missed it, this was ostensibley a long-only (traditional) investment conference.  But a close look at the agenda reveals the underlying “alpha-centricity” of the event.  Reaffirming the theory contained in this posting that the “hedge fund” and “long-only” worlds are colliding. [...]

]]> http://allaboutalpha.com/blog/2006/09/14/hedge-funds-internet-redux/comment-page-1/#comment-8 All About Alpha » Blog Archives » SERF awards MLIM $85m portable alpha mandate Wed, 06 Sep 2006 19:47:14 +0000 http://allaboutalpha.com/blog/2006/09/01/hedge-funds-internet-redux/#comment-8 [...] Hedge Funds: E-Business Redux? [...] [...] Hedge Funds: E-Business Redux? [...]

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