http://allaboutalpha.com/blog/2009/10/05/active-management-redeemed/ Hedge funds, portable alpha, 130/30 alpha-centric investing, alternative investment Thu, 29 Jul 2010 20:51:13 +0000 http://wordpress.org/?v=abc hourly 1 http://allaboutalpha.com/blog/2009/10/05/active-management-redeemed/comment-page-1/#comment-209309 Peter Urbani Tue, 06 Oct 2009 04:27:16 +0000 http://allaboutalpha.com/blog/?p=6362#comment-209309 Nothing at all surprising here particularly if you consider Hedge Funds to be a form of extreme active managment rather than an asset class. The exact same 'embedded optionality' or tail protection caused by whatever 'hedging' is going on generates the same effect see: http://www.infiniti-analytics.com/kb/kb/article/quantitative_methods_in_hfof_construction Nothing at all surprising here particularly if you consider Hedge Funds to be a form of extreme active managment rather than an asset class. The exact same ‘embedded optionality’ or tail protection caused by whatever ‘hedging’ is going on generates the same effect see: http://www.infiniti-analytics.com/kb/kb/article/quantitative_methods_in_hfof_construction

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