http://allaboutalpha.com/blog/2009/11/11/in-portfolio-management-sometimes-the-sum-of-the-parts-is-greater-than-the-whole/ Hedge funds, portable alpha, 130/30 and alpha-centric investing Thu, 18 Mar 2010 13:53:53 +0000 http://wordpress.org/?v=abc hourly 1 http://allaboutalpha.com/blog/2009/11/11/in-portfolio-management-sometimes-the-sum-of-the-parts-is-greater-than-the-whole/comment-page-1/#comment-218655 Jay Thu, 12 Nov 2009 16:12:13 +0000 http://allaboutalpha.com/blog/?p=7404#comment-218655 This analysis is irrelevant since it excludes 2008. That's when true HF beta (leverage, illiquidity, etc.) was exposed. Additionally, HFs now have their own form of beta, it's called momentum and crowdedness. This analysis is irrelevant since it excludes 2008. That’s when true HF beta (leverage, illiquidity, etc.) was exposed. Additionally, HFs now have their own form of beta, it’s called momentum and crowdedness.

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