Professor David Hsieh Discusses Hedge Funds at Private Function

Oct 26th, 2006 | Filed under: CAPM / Alpha Theory

AllAboutAlpha Exclusive - On Tuesday evening, AllAboutAlpha’s Editor-in-Chief Alpha Male co-moderated a dinner discussion in an un-named US city featuring “The Hsieh” himself.  Dinner guests included investment leaders from several large pension plans and was hosted by the Canadian Chapter of the Alternative Investment Management Association (AIMA) and portable alpha pioneer, Integra Capital. 

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.

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  1. […] Professor David Hsieh Discusses Hedge Funds at Private Function AllAboutAlpha Exclusive - On Tuesday evening,?AllAboutAlpha’s Editor-in-Chief Alpha Male co-moderated a dinner discussion in an un-named US city featuring “The Hsieh” himself.?Dinner guests included?investment leaders from several?large pension plans and was hosted by the?Canadian Chapter of the Alternative Investment Management Association (AIMA)?and portable alpha pioneer, Integra Capital.?As you may recall, Duke professor David Hsieh caused [.] (more) […]

  2. […] As regular readers may recall, Alpha Male was at a hedge fund conference last fall involving a large number of institutional investors. Â While the “main stream media” was not invited, AllAboutAlpha.com was able to report on a few general themes and some of the extra-curricular events.  One of the speakers was Robert Zink of behemoth money manager Bridgewater Associates, managers of over $150 billion in AUM (and pioneers of alpha-centric investing).  He brought with him a very interesting message, but we ran out of space and time to report on it back in October. Â  […]

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