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	<title>AllAboutAlpha.com &#187; Search Results  &#187;  &#8220;Andrew Lo&#8221;</title>
	<atom:link href="http://allaboutalpha.com/blog/?s=Andrew%20Lo&#038;feed=rss2" rel="self" type="application/rss+xml" />
	<link>http://allaboutalpha.com/blog</link>
	<description>Hedge funds, portable alpha, 130/30 and alpha-centric investing</description>
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			<item>
		<title>7 Questions for Adam Patti, CEO of IndexIQ</title>
		<link>http://allaboutalpha.com/blog/2010/02/07/7-questions-for-adam-patti-ceo-of-indexiq/</link>
		<comments>http://allaboutalpha.com/blog/2010/02/07/7-questions-for-adam-patti-ceo-of-indexiq/#comments</comments>
		<pubDate>Mon, 08 Feb 2010 02:00:56 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=9081</guid>
		<description><![CDATA[By: Andrew Saunders, Member of the Editorial Board of AllAboutAlpha.com, &#38; Director, EFX Prime Services
In January the Wall Street Journal reported that ETF assets had crested $1 trillion. No longer is it simply another way to capture S&#38;P 500 beta. It seems that every day there is an innovative new investment idea that is packaged [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2010/02/07/7-questions-for-adam-patti-ceo-of-indexiq/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Summer of 1000 Posts: CAPM/ Alpha Theory</title>
		<link>http://allaboutalpha.com/blog/2009/08/09/summer-of-1000-posts-capm-alpha-theory/</link>
		<comments>http://allaboutalpha.com/blog/2009/08/09/summer-of-1000-posts-capm-alpha-theory/#comments</comments>
		<pubDate>Mon, 10 Aug 2009 00:00:45 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[AAA Newsreels]]></category>
		<category><![CDATA[Featured Post]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=5440</guid>
		<description><![CDATA[Today, we bring you another installment of our “Summer of 1,000 posts” (more…)
This week we&#8217;ll be looking back through our archives to cull posts on the topic of CAPM/Alpha Theory…
How Hollywood, lotteries and mutual funds show that all risk is relative
Since the birth of the CAPM, empirical evidence has been uncooperative &#8211; showing that high [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/08/09/summer-of-1000-posts-capm-alpha-theory/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>&#8230;3.96% per annum</title>
		<link>http://allaboutalpha.com/blog/2009/08/05/3-96-per-annum/</link>
		<comments>http://allaboutalpha.com/blog/2009/08/05/3-96-per-annum/#comments</comments>
		<pubDate>Thu, 06 Aug 2009 00:00:34 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Performance, Analytics & Metrics]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=5352</guid>
		<description><![CDATA[A new approach to measuring the hedge fund "illiquidity premium" yields one magical number.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/08/05/3-96-per-annum/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Can HF return autocorrelation actually predict how easy it will be to eventually redeem?</title>
		<link>http://allaboutalpha.com/blog/2009/08/04/can-hf-return-autocorrelation-actually-predict-how-easy-it-will-be-to-eventually-redeem/</link>
		<comments>http://allaboutalpha.com/blog/2009/08/04/can-hf-return-autocorrelation-actually-predict-how-easy-it-will-be-to-eventually-redeem/#comments</comments>
		<pubDate>Wed, 05 Aug 2009 00:00:10 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Performance, Analytics & Metrics]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=5341</guid>
		<description><![CDATA[Ever wondered how exactly return autocorrelation is a proxy for fund liquidity?  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/08/04/can-hf-return-autocorrelation-actually-predict-how-easy-it-will-be-to-eventually-redeem/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Newsreel: Rebounds, social markets, Saskatchewan and the &#8220;Triple Lindy&#8221;</title>
		<link>http://allaboutalpha.com/blog/2009/07/20/newsreel-rebounds-social-markets-saskatchewan-and-the-triple-lindy/</link>
		<comments>http://allaboutalpha.com/blog/2009/07/20/newsreel-rebounds-social-markets-saskatchewan-and-the-triple-lindy/#comments</comments>
		<pubDate>Tue, 21 Jul 2009 00:00:44 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[AAA Newsreels]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=5059</guid>
		<description><![CDATA[ 

E.M.H. R.I.P. W.T.F?
In an ironic twist, the Economist suggests that financial engineering (and by extension the hedge funds built with its outputs) are built on the shoulders of the efficient market hypothesis.  Yet the much ballyhooed demise of the EMH should, in theory, pave the way for skill-based, alpha-centric returns.  In fact, the newspaper [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/07/20/newsreel-rebounds-social-markets-saskatchewan-and-the-triple-lindy/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Summer of 1000 Posts: Alternative Beta and Hedge Fund Replication</title>
		<link>http://allaboutalpha.com/blog/2009/07/12/summer-of-1000-posts-alternative-beta-and-hedge-fund-replication/</link>
		<comments>http://allaboutalpha.com/blog/2009/07/12/summer-of-1000-posts-alternative-beta-and-hedge-fund-replication/#comments</comments>
		<pubDate>Mon, 13 Jul 2009 00:00:47 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Featured Post]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4977</guid>
		<description><![CDATA[We had our official archivist pour over the first 1,000 posts to be published at AllAboutAlpha.com in order to bring you a selection of posts on the topic of Alternative Beta and Hedge Fund Replication.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/07/12/summer-of-1000-posts-alternative-beta-and-hedge-fund-replication/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Summer of 1,000 Posts</title>
		<link>http://allaboutalpha.com/blog/2009/06/28/summer-of-1000-posts/</link>
		<comments>http://allaboutalpha.com/blog/2009/06/28/summer-of-1000-posts/#comments</comments>
		<pubDate>Mon, 29 Jun 2009 02:31:34 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Featured Post]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4874</guid>
		<description><![CDATA[We had our official archivist pour over the first 1,000 posts to be published at AllAboutAlpha.com in order to bring you a selection of posts on the topic of the CAPM and the theory behind our favorite Greek variable.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/06/28/summer-of-1000-posts/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>&#8220;Beta blockers&#8221; aim to reduce the blood pressure of those facing hedge fund gates</title>
		<link>http://allaboutalpha.com/blog/2009/06/07/beta-blockers-aim-to-reduce-the-blood-pressure-of-those-facing-hedge-fund-gates/</link>
		<comments>http://allaboutalpha.com/blog/2009/06/07/beta-blockers-aim-to-reduce-the-blood-pressure-of-those-facing-hedge-fund-gates/#comments</comments>
		<pubDate>Mon, 08 Jun 2009 01:58:12 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Portable Alpha & Alpha/Beta Separation]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4784</guid>
		<description><![CDATA[Stressed about having your money locked up in a hedge fund?  Just pop a few of these...]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/06/07/beta-blockers-aim-to-reduce-the-blood-pressure-of-those-facing-hedge-fund-gates/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>San Francisco Day Two: President Lo&#8217;s cabinet, redemption gates and weird stuff in the Canadian water supply</title>
		<link>http://allaboutalpha.com/blog/2009/05/13/san-francisco-day-two-president-los-cabinet-redemption-gates-and-weird-stuff-in-the-canadian-water-supply/</link>
		<comments>http://allaboutalpha.com/blog/2009/05/13/san-francisco-day-two-president-los-cabinet-redemption-gates-and-weird-stuff-in-the-canadian-water-supply/#comments</comments>
		<pubDate>Wed, 13 May 2009 05:01:08 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4604</guid>
		<description><![CDATA[Didn't get invited to the Davos of hedge fund conferences this year?  Just score a Nobel prize and you're in (probably).   ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/05/13/san-francisco-day-two-president-los-cabinet-redemption-gates-and-weird-stuff-in-the-canadian-water-supply/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>San Francisco: Hedge fund &#8220;green shoots&#8221; among many surviving trees</title>
		<link>http://allaboutalpha.com/blog/2009/05/12/san-francisco-hedge-fund-green-shoots-among-many-surviving-trees/</link>
		<comments>http://allaboutalpha.com/blog/2009/05/12/san-francisco-hedge-fund-green-shoots-among-many-surviving-trees/#comments</comments>
		<pubDate>Tue, 12 May 2009 05:40:13 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4603</guid>
		<description><![CDATA[Live from San Francisco: forest fires, choices, depressions, and the financial calamity of 1340]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/05/12/san-francisco-hedge-fund-green-shoots-among-many-surviving-trees/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Book Review: The Heretics of Finance &#8211; Conversations with Leading Practitioners of Technical Analysis</title>
		<link>http://allaboutalpha.com/blog/2009/04/05/book-review-the-heretics-of-finance-conversations-with-leading-practitioners-of-technical-analysis/</link>
		<comments>http://allaboutalpha.com/blog/2009/04/05/book-review-the-heretics-of-finance-conversations-with-leading-practitioners-of-technical-analysis/#comments</comments>
		<pubDate>Mon, 06 Apr 2009 02:27:33 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Guest Posts]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4406</guid>
		<description><![CDATA[Heretics of Finance may not change the way readers see the markets, but it just might change the way we see those who read the markets.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/04/05/book-review-the-heretics-of-finance-conversations-with-leading-practitioners-of-technical-analysis/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Newsreel: Kitzbuhel, talent for a song, hand-me-down hedge funds, and mending lending</title>
		<link>http://allaboutalpha.com/blog/2009/03/26/newsreel-kitzbuhel-talent-for-a-song-hand-me-down-hedge-funds-and-mending-lending/</link>
		<comments>http://allaboutalpha.com/blog/2009/03/26/newsreel-kitzbuhel-talent-for-a-song-hand-me-down-hedge-funds-and-mending-lending/#comments</comments>
		<pubDate>Fri, 27 Mar 2009 03:09:56 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[AAA Newsreels]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4384</guid>
		<description><![CDATA[What do hedge funds have to do with double black diamond ski runs?  Read and find out.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/03/26/newsreel-kitzbuhel-talent-for-a-song-hand-me-down-hedge-funds-and-mending-lending/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A graphical look at hedge fund leverage</title>
		<link>http://allaboutalpha.com/blog/2009/03/05/a-graphical-look-at-hedge-fund-leverage/</link>
		<comments>http://allaboutalpha.com/blog/2009/03/05/a-graphical-look-at-hedge-fund-leverage/#comments</comments>
		<pubDate>Fri, 06 Mar 2009 02:29:45 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Featured Post]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4313</guid>
		<description><![CDATA[The FSA found last week that hedge fund leverage has dwindled to nearly zero over the past year.  But as you can see in these charts, it was never as high as commonly assumed in the first place.   ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/03/05/a-graphical-look-at-hedge-fund-leverage/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Battle of the Quants III: Blow-by-blow</title>
		<link>http://allaboutalpha.com/blog/2009/02/05/february-5-live-blogging-battle-of-the-quants-iii/</link>
		<comments>http://allaboutalpha.com/blog/2009/02/05/february-5-live-blogging-battle-of-the-quants-iii/#comments</comments>
		<pubDate>Thu, 05 Feb 2009 16:28:44 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4166</guid>
		<description><![CDATA[Live from New York, it's Thursday morning!]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/02/05/february-5-live-blogging-battle-of-the-quants-iii/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Exclusive results from our second annual 130/30 poll: Despite recent distractions, underlying interest remains</title>
		<link>http://allaboutalpha.com/blog/2008/11/18/exclusive-results-from-our-second-annual-13030-poll-despite-recent-distractions-underlying-interest-remains/</link>
		<comments>http://allaboutalpha.com/blog/2008/11/18/exclusive-results-from-our-second-annual-13030-poll-despite-recent-distractions-underlying-interest-remains/#comments</comments>
		<pubDate>Wed, 19 Nov 2008 03:13:46 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[130/30]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3672</guid>
		<description><![CDATA[What ever happened to 130/30, 2007's "it" strategy?   Well according to our exclusive survey it may have simply gone underground for a while.  A majority of respondents still told us it represents a "new investment paradigm."]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/11/18/exclusive-results-from-our-second-annual-13030-poll-despite-recent-distractions-underlying-interest-remains/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>AllAboutAlpha Exclusive: An interview with one of the witnesses called to testify at the Congressional hedge fund hearings this week</title>
		<link>http://allaboutalpha.com/blog/2008/11/13/allaboutalpha-exclusive-an-interview-with-one-of-the-witnesses-called-to-testify-at-the-congressional-hedge-fund-hearings-this-week/</link>
		<comments>http://allaboutalpha.com/blog/2008/11/13/allaboutalpha-exclusive-an-interview-with-one-of-the-witnesses-called-to-testify-at-the-congressional-hedge-fund-hearings-this-week/#comments</comments>
		<pubDate>Fri, 14 Nov 2008 03:54:21 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Featured Post]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3693</guid>
		<description><![CDATA[Some of the world's most prominent hedge fund managers and academics testified in front of a US Congressional committee today.  Among them was an AllAboutAlpha.com reader with a strong opinion about the role of hedge funds in the financial crisis.  In this exclusive interview, we ask him to elaborate on his testimony.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/11/13/allaboutalpha-exclusive-an-interview-with-one-of-the-witnesses-called-to-testify-at-the-congressional-hedge-fund-hearings-this-week/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>On the road to alpha, it&#8217;s okay to ask for directions</title>
		<link>http://allaboutalpha.com/blog/2008/11/05/on-the-road-to-alpha-its-okay-to-ask-for-directions/</link>
		<comments>http://allaboutalpha.com/blog/2008/11/05/on-the-road-to-alpha-its-okay-to-ask-for-directions/#comments</comments>
		<pubDate>Thu, 06 Nov 2008 03:00:13 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Featured Post]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3652</guid>
		<description><![CDATA[With acrimony over hedge funds reaching a feverish pitch, AIMA has just released a major report that tries to take a step back from the brink to revisit the very rationale for alternative investments.  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/11/05/on-the-road-to-alpha-its-okay-to-ask-for-directions/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Alternative Viewpoints: When the &#8220;100 year flood&#8221; really is a 100 year flood&#8230;</title>
		<link>http://allaboutalpha.com/blog/2008/11/02/catastrophe-bonds-when-the-100-year-flood-really-is-a-100-year-flood/</link>
		<comments>http://allaboutalpha.com/blog/2008/11/02/catastrophe-bonds-when-the-100-year-flood-really-is-a-100-year-flood/#comments</comments>
		<pubDate>Mon, 03 Nov 2008 01:05:17 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAIA Alternative Viewpoints Columns]]></category>
		<category><![CDATA[Guest Posts]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3641</guid>
		<description><![CDATA[With the insurance industry in enough trouble as it is, are "cat-bonds" the way forward?]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/11/02/catastrophe-bonds-when-the-100-year-flood-really-is-a-100-year-flood/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>&#8220;Overlay hedging&#8221; in funds of funds improves alpha: Edhec</title>
		<link>http://allaboutalpha.com/blog/2008/10/30/overlay-hedging-in-funds-of-funds-improves-alpha-edhec/</link>
		<comments>http://allaboutalpha.com/blog/2008/10/30/overlay-hedging-in-funds-of-funds-improves-alpha-edhec/#comments</comments>
		<pubDate>Fri, 31 Oct 2008 01:34:46 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Portable Alpha & Alpha/Beta Separation]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3636</guid>
		<description><![CDATA[A research paper by Edhec details a technique that might have helped some funds of funds navigate through this year's September from hell.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/10/30/overlay-hedging-in-funds-of-funds-improves-alpha-edhec/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
		</item>
		<item>
		<title>Liquidity and Emotion in Beantown</title>
		<link>http://allaboutalpha.com/blog/2008/10/29/liquidity-and-emotion-in-beantown/</link>
		<comments>http://allaboutalpha.com/blog/2008/10/29/liquidity-and-emotion-in-beantown/#comments</comments>
		<pubDate>Thu, 30 Oct 2008 01:59:49 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3631</guid>
		<description><![CDATA[Think pensions and endowments are obsessed with liquidity now?  Think again. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/10/29/liquidity-and-emotion-in-beantown/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Boston Notebook</title>
		<link>http://allaboutalpha.com/blog/2008/10/28/boston-notebook/</link>
		<comments>http://allaboutalpha.com/blog/2008/10/28/boston-notebook/#comments</comments>
		<pubDate>Wed, 29 Oct 2008 03:51:01 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3629</guid>
		<description><![CDATA[What do the Wizard of Oz, distressed debt, and the "mammalian brain" have in common?    ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/10/28/boston-notebook/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Pension funds, endowments and hedge funds meet in Boston to talk it out</title>
		<link>http://allaboutalpha.com/blog/2008/10/26/pension-funds-endowments-and-hedge-funds-meet-in-boston-to-talk-it-out/</link>
		<comments>http://allaboutalpha.com/blog/2008/10/26/pension-funds-endowments-and-hedge-funds-meet-in-boston-to-talk-it-out/#comments</comments>
		<pubDate>Mon, 27 Oct 2008 00:36:16 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3601</guid>
		<description><![CDATA[One of the largest annual meetings of pensions, endowments, and hedge funds occurs this week in Boston.  We aren't allowed to cover the details since the event is closed to the media, but we can report generally what people are talking about here.  And this year, there is plenty to talk about.      ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/10/26/pension-funds-endowments-and-hedge-funds-meet-in-boston-to-talk-it-out/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Andrew Lo: Hedge fund replication is an &#8220;elegant solution in search of a problem&#8221;</title>
		<link>http://allaboutalpha.com/blog/2008/09/23/andrew-lo-hedge-fund-replication-is-an-elegant-solution-in-search-of-a-problem/</link>
		<comments>http://allaboutalpha.com/blog/2008/09/23/andrew-lo-hedge-fund-replication-is-an-elegant-solution-in-search-of-a-problem/#comments</comments>
		<pubDate>Wed, 24 Sep 2008 00:04:30 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3438</guid>
		<description><![CDATA[Thought leaders in the hedge fund community remained ensconced at the Princeton Club of New York today as they continued to debate the future of their industry.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/09/23/andrew-lo-hedge-fund-replication-is-an-elegant-solution-in-search-of-a-problem/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Are financial advisors serving your lunch to hedge funds?</title>
		<link>http://allaboutalpha.com/blog/2008/08/24/are-financial-advisors-serving-your-lunch-to-hedge-funds/</link>
		<comments>http://allaboutalpha.com/blog/2008/08/24/are-financial-advisors-serving-your-lunch-to-hedge-funds/#comments</comments>
		<pubDate>Mon, 25 Aug 2008 01:00:01 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Retail Investing]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/08/24/are-financial-advisors-serving-your-lunch-to-hedge-funds/</guid>
		<description><![CDATA[An upcoming article in the Journal of Investing questions the value of non-fee-based financial advisors.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/08/24/are-financial-advisors-serving-your-lunch-to-hedge-funds/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Origin of Species</title>
		<link>http://allaboutalpha.com/blog/2008/08/21/the-origin-of-species/</link>
		<comments>http://allaboutalpha.com/blog/2008/08/21/the-origin-of-species/#comments</comments>
		<pubDate>Fri, 22 Aug 2008 02:00:18 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/08/21/the-origin-of-species/</guid>
		<description><![CDATA[How can hedge fund anomalies like the one we described yesterday possibly survive?  Have we stumbled on new species of investor?]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/08/21/the-origin-of-species/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>A picture of the &#8220;betafication&#8221; of alpha</title>
		<link>http://allaboutalpha.com/blog/2008/07/29/a-picture-of-the-betafication-of-alpha/</link>
		<comments>http://allaboutalpha.com/blog/2008/07/29/a-picture-of-the-betafication-of-alpha/#comments</comments>
		<pubDate>Wed, 30 Jul 2008 02:00:07 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/07/29/a-picture-of-the-betafication-of-alpha/</guid>
		<description><![CDATA[This graphic from a recent Andrew Lo presentation sums it all up.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/07/29/a-picture-of-the-betafication-of-alpha/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>MIT Laboratory for Financial Engineering</title>
		<link>http://allaboutalpha.com/blog/2008/07/15/mit-laboratory-for-financial-engineering/</link>
		<comments>http://allaboutalpha.com/blog/2008/07/15/mit-laboratory-for-financial-engineering/#comments</comments>
		<pubDate>Tue, 15 Jul 2008 06:14:33 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Academic Institutes]]></category>
		<category><![CDATA[Resources]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2338</guid>
		<description><![CDATA[MIT Laboratory for Financial Engineering
Director: Andrew Lo, alo [at] mit [dot] edu
From the Institute’s Website: MIT Laboratory for Financial Engineering (LFE) is an MIT research center created as a partnership between academia and industry, designed to support and promote quantitative research in financial engineering and computational finance.  The principal focus of the LFE is the [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/07/15/mit-laboratory-for-financial-engineering/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Andrew Lo</title>
		<link>http://allaboutalpha.com/blog/2008/07/15/andrew-lo/</link>
		<comments>http://allaboutalpha.com/blog/2008/07/15/andrew-lo/#comments</comments>
		<pubDate>Tue, 15 Jul 2008 04:27:07 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hall of Fame]]></category>
		<category><![CDATA[Hedge Fund Researchers]]></category>
		<category><![CDATA[Who's Who]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2304</guid>
		<description><![CDATA[Andrew Lo
Harris &#38; Harris Group Professor and director of the Laboratory for Financial Engineering, Sloan School of Business, MIT
Laboratory for Financial Engineering (MIT)
Research (SSRN)
Course Outlines (MIT)
Relevant Postings (AllAboutAlpha.com)
]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/07/15/andrew-lo/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>130/30 bull run still has some legs: S&amp;P</title>
		<link>http://allaboutalpha.com/blog/2008/06/24/13030-bull-run-still-has-some-legs-sp/</link>
		<comments>http://allaboutalpha.com/blog/2008/06/24/13030-bull-run-still-has-some-legs-sp/#comments</comments>
		<pubDate>Wed, 25 Jun 2008 01:59:55 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[130/30]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/06/24/13030-bull-run-still-has-some-legs-sp/</guid>
		<description><![CDATA[Hedge Funds Review reports that S&#38;P is telling clients that 130/30 is &#8220;strategy to watch in 2009&#8221; (no word on what to watch now or for the next six months &#8211; but it&#8217;s an ugly year anyway).
Taking a page from Andrew Lo, co-author of the recent academic paper &#8220;130/30: The New Long-only&#8220;, S&#38;P&#8217;s Srikant Dash told a [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/06/24/13030-bull-run-still-has-some-legs-sp/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Busy week on the alpha-centric news beat</title>
		<link>http://allaboutalpha.com/blog/2008/06/15/busy-week-on-the-alpha-centric-news-beat/</link>
		<comments>http://allaboutalpha.com/blog/2008/06/15/busy-week-on-the-alpha-centric-news-beat/#comments</comments>
		<pubDate>Mon, 16 Jun 2008 00:49:52 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[AAA Newsreels]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/06/15/busy-week-on-the-alpha-centric-news-beat/</guid>
		<description><![CDATA[Last week was uncommonly busy in the world of asset management news.  Here's some interesting stuff you might have missed...]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/06/15/busy-week-on-the-alpha-centric-news-beat/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>New 130/30 and &#8220;hedge fund replication&#8221; mandates bridge gap between alts and skeptical pensions</title>
		<link>http://allaboutalpha.com/blog/2008/05/20/new-13030-and-hedge-fund-replication-mandates-bridge-gap-between-alts-and-skeptical-pensions/</link>
		<comments>http://allaboutalpha.com/blog/2008/05/20/new-13030-and-hedge-fund-replication-mandates-bridge-gap-between-alts-and-skeptical-pensions/#comments</comments>
		<pubDate>Wed, 21 May 2008 02:00:55 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[130/30]]></category>
		<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/05/20/new-13030-and-hedge-fund-replication-mandates-bridge-gap-between-alts-and-skeptical-pensions/</guid>
		<description><![CDATA[In another big win for emerging alpha-centric strategies, part of Sweden's national pension has bought into "hedge fund replication".  What's really behind the decision?  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/05/20/new-13030-and-hedge-fund-replication-mandates-bridge-gap-between-alts-and-skeptical-pensions/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>After launching 130/30 index, S&amp;P says best yardstick is actually a long-only index</title>
		<link>http://allaboutalpha.com/blog/2008/04/29/after-launching-13030-index-sp-says-best-yardstick-is-a-long-only-index/</link>
		<comments>http://allaboutalpha.com/blog/2008/04/29/after-launching-13030-index-sp-says-best-yardstick-is-a-long-only-index/#comments</comments>
		<pubDate>Wed, 30 Apr 2008 02:03:11 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[130/30]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/04/29/after-launching-13030-index-sp-says-best-yardstick-is-a-long-only-index/</guid>
		<description><![CDATA[A new paper by S&#038;P says the best benchmark for 130/30 managers is a long-only index.  We agree, and wonder what the S&#038;P 130/30 index people think?]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/04/29/after-launching-13030-index-sp-says-best-yardstick-is-a-long-only-index/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Hedge Funds: An Analytic Perspective</title>
		<link>http://allaboutalpha.com/blog/2008/04/14/hedge-funds-an-analytic-perspective/</link>
		<comments>http://allaboutalpha.com/blog/2008/04/14/hedge-funds-an-analytic-perspective/#comments</comments>
		<pubDate>Mon, 14 Apr 2008 23:26:38 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Performance, Analytics & Metrics]]></category>
		<category><![CDATA[Recommended Books]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2266</guid>
		<description><![CDATA[Title: Hedge Funds: An Analytic Perspective
Author: Andrew Lo
Published: April 2008
From Publisher: The hedge fund industry has grown dramatically over the last two decades, with more than eight thousand funds now controlling close to two trillion dollars. Originally intended for the wealthy, these private investments have now attracted a much broader following that includes pension funds [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/04/14/hedge-funds-an-analytic-perspective/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Chalk another one up for the Transatlantic Trio</title>
		<link>http://allaboutalpha.com/blog/2008/03/19/chalk-another-one-up-for-the-transatlantic-trio/</link>
		<comments>http://allaboutalpha.com/blog/2008/03/19/chalk-another-one-up-for-the-transatlantic-trio/#comments</comments>
		<pubDate>Wed, 19 Mar 2008 23:29:08 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/03/19/chalk-another-one-up-for-the-transatlantic-trio/</guid>
		<description><![CDATA[State Street's recent win of a $200 million hedge fund replication mandate is notable both due to its size and due to its intellectual inspiration.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/03/19/chalk-another-one-up-for-the-transatlantic-trio/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Research finds most equity indices actually contain alpha</title>
		<link>http://allaboutalpha.com/blog/2008/01/28/research-finds-most-equity-indices-actually-contain-alpha/</link>
		<comments>http://allaboutalpha.com/blog/2008/01/28/research-finds-most-equity-indices-actually-contain-alpha/#comments</comments>
		<pubDate>Tue, 29 Jan 2008 02:00:17 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/01/27/research-finds-most-equity-indices-actually-contain-alpha/</guid>
		<description><![CDATA[A study of various global equity indices shows that the smaller more "exclusive" ones (like the Dow) depart significantly from the passive "buy and hold ethos" of indexation.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/01/28/research-finds-most-equity-indices-actually-contain-alpha/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>130/30 Indices: True indices or like playing chess against a computer?</title>
		<link>http://allaboutalpha.com/blog/2008/01/07/13030-indices-true-indices-or-playing-chess-against-a-computer/</link>
		<comments>http://allaboutalpha.com/blog/2008/01/07/13030-indices-true-indices-or-playing-chess-against-a-computer/#comments</comments>
		<pubDate>Tue, 08 Jan 2008 01:00:39 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[130/30]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/01/07/13030-indices-true-indices-or-playing-chess-against-a-computer/</guid>
		<description><![CDATA[They say anything worthwhile should be measured.  But does everything worthwhile really need an "index"?  A controversial new paper on 130/30 indexation redefines the term.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/01/07/13030-indices-true-indices-or-playing-chess-against-a-computer/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>What&#8217;s behind Trusco&#8217;s partial acquisition of 130/30 manager Alpha Equity?</title>
		<link>http://allaboutalpha.com/blog/2008/01/06/whats-behind-truscos-partial-acquisition-of-13030-manager-alpha-equity/</link>
		<comments>http://allaboutalpha.com/blog/2008/01/06/whats-behind-truscos-partial-acquisition-of-13030-manager-alpha-equity/#comments</comments>
		<pubDate>Mon, 07 Jan 2008 01:53:26 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[130/30]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/01/06/whats-behind-truscos-partial-acquisition-of-13030-manager-alpha-equity/</guid>
		<description><![CDATA[No matter how hard they try, there is one thing mega money managers can't build overnight: six years of experience.  So in hot areas like 130/30, this invariably leads to one thing: acquisitions.  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/01/06/whats-behind-truscos-partial-acquisition-of-13030-manager-alpha-equity/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>New paper explains &#8220;muted demand&#8221; for portable alpha</title>
		<link>http://allaboutalpha.com/blog/2008/01/03/new-paper-explains-muted-demand-for-portable-alpha/</link>
		<comments>http://allaboutalpha.com/blog/2008/01/03/new-paper-explains-muted-demand-for-portable-alpha/#comments</comments>
		<pubDate>Fri, 04 Jan 2008 01:00:11 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>
		<category><![CDATA[Investment Management Fees]]></category>
		<category><![CDATA[Performance, Analytics & Metrics]]></category>
		<category><![CDATA[Portable Alpha & Alpha/Beta Separation]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/01/03/new-paper-explains-muted-demand-for-portable-alpha/</guid>
		<description><![CDATA[When arguments can be made that 130/30 investing and portable alpha are cousins, why then has 130/30 become the cat's meow and portable alpha growth is "muted"?  Two academics have a theory.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/01/03/new-paper-explains-muted-demand-for-portable-alpha/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Ineichen looks back (way back) to see future</title>
		<link>http://allaboutalpha.com/blog/2007/12/26/ineichen-looks-back-way-back-to-see-forward/</link>
		<comments>http://allaboutalpha.com/blog/2007/12/26/ineichen-looks-back-way-back-to-see-forward/#comments</comments>
		<pubDate>Thu, 27 Dec 2007 01:00:10 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/12/26/ineichen-looks-back-way-back-to-see-forward/</guid>
		<description><![CDATA[Looking for something a little different to read this holiday season?  UBS's Alexander Ineichen continues to mix history, philosophy, literature and finance and we've got his latest thinking.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/12/26/ineichen-looks-back-way-back-to-see-forward/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>130/30: The New Long-Only</title>
		<link>http://allaboutalpha.com/blog/2007/12/16/13030-the-new-long-only/</link>
		<comments>http://allaboutalpha.com/blog/2007/12/16/13030-the-new-long-only/#comments</comments>
		<pubDate>Sun, 16 Dec 2007 19:12:14 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[130/30]]></category>
		<category><![CDATA[Dossier]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2499</guid>
		<description><![CDATA[By: Andrew Lo, Pankaj Patel
Published:  December 2007

Abstract: Long-only portfolio managers and investors have acknowledged that the long-only constraint is a potentially costly drag on performance, and loosening this constraint can add value. However, the magnitude of the performance drag is difficult to measure without a proper benchmark for a 130/30 portfolio. In this paper, we [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/12/16/13030-the-new-long-only/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Unscrambling the performance fee egg yields new insights into hedge fund returns</title>
		<link>http://allaboutalpha.com/blog/2007/11/25/unscrambling-the-performance-fee-egg-yields-new-insights-into-hedge-fund-returns/</link>
		<comments>http://allaboutalpha.com/blog/2007/11/25/unscrambling-the-performance-fee-egg-yields-new-insights-into-hedge-fund-returns/#comments</comments>
		<pubDate>Mon, 26 Nov 2007 01:00:31 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Investment Management Fees]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/11/25/unscrambling-the-performance-fee-egg-yields-new-insights-into-hedge-fund-returns/</guid>
		<description><![CDATA[A new study suggests that some of the characteristics of hedge fund returns are not a result of their investment strategies, but are instead a result of their performance fee model.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/11/25/unscrambling-the-performance-fee-egg-yields-new-insights-into-hedge-fund-returns/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Do individual hedge funds really contain so much beta?</title>
		<link>http://allaboutalpha.com/blog/2007/11/22/do-individual-hedge-funds-really-contain-so-much-beta/</link>
		<comments>http://allaboutalpha.com/blog/2007/11/22/do-individual-hedge-funds-really-contain-so-much-beta/#comments</comments>
		<pubDate>Fri, 23 Nov 2007 01:00:38 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/11/22/do-individual-hedge-funds-really-contain-so-much-beta/</guid>
		<description><![CDATA[One of our favorite institutional asset managers makes familiar argument this week about the high correlation between run of the mill betas and hedge fund indices.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/11/22/do-individual-hedge-funds-really-contain-so-much-beta/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Gone Fishing</title>
		<link>http://allaboutalpha.com/blog/2007/07/04/gone-fishing/</link>
		<comments>http://allaboutalpha.com/blog/2007/07/04/gone-fishing/#comments</comments>
		<pubDate>Wed, 04 Jul 2007 05:01:59 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/07/03/gone-fishing/</guid>
		<description><![CDATA[AllAboutAlpha.com turns one today.  What a perfect time to reflect back on the past year by reading all 130,000 alpha-centric words on our blogolicious website.  (Like watching an entire season of "24" on DVD.)  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/07/04/gone-fishing/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New Edhec HF Replication Research in Limited Release Today</title>
		<link>http://allaboutalpha.com/blog/2007/06/27/new-edhec-hf-replication-research-in-limited-release-today/</link>
		<comments>http://allaboutalpha.com/blog/2007/06/27/new-edhec-hf-replication-research-in-limited-release-today/#comments</comments>
		<pubDate>Thu, 28 Jun 2007 03:42:10 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/06/27/new-edhec-hf-replication-research-in-limited-release-today/</guid>
		<description><![CDATA[Edhec Risk and Asset Management Research Centre released its latest research into hedge fund replication techniques today at a seminar in London.  Its verdict: "attractive" but "unsatisfying".      ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/06/27/new-edhec-hf-replication-research-in-limited-release-today/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Peter Bernstein&#8217;s Personal Hall of Fame</title>
		<link>http://allaboutalpha.com/blog/2007/06/03/peter-bernsteins-personal-hall-of-fame/</link>
		<comments>http://allaboutalpha.com/blog/2007/06/03/peter-bernsteins-personal-hall-of-fame/#comments</comments>
		<pubDate>Mon, 04 Jun 2007 00:45:04 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/06/03/peter-bernsteins-personal-hall-of-fame/</guid>
		<description><![CDATA[Peter Bernstein's new book "Capital Ideas Evolving" is built on a foundation of interviews with approximately 20 individuals that Bernstein feels represent the recent evolution of financial theory.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/06/03/peter-bernsteins-personal-hall-of-fame/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		</item>
		<item>
		<title>Style Analysis: A Holding-Based Microscope or Return-Based Telescope?</title>
		<link>http://allaboutalpha.com/blog/2007/05/22/style-analysis-a-holding-based-microscope-or-return-based-telescope/</link>
		<comments>http://allaboutalpha.com/blog/2007/05/22/style-analysis-a-holding-based-microscope-or-return-based-telescope/#comments</comments>
		<pubDate>Wed, 23 May 2007 00:37:30 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Performance, Analytics & Metrics]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/05/22/style-analysis-a-holding-based-microscope-or-return-based-telescope/</guid>
		<description><![CDATA[This article on return-based and holding-based analysis reminds us of Victor Hugo's quote "Where the telescope ends, the microscope begins. Which of the two has the grander view?â€]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/05/22/style-analysis-a-holding-based-microscope-or-return-based-telescope/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>&#8220;Alpha&#8221;: a vexatious lexigraphic obfuscation*</title>
		<link>http://allaboutalpha.com/blog/2007/05/17/alpha-a-vexatious-lexigraphic-obfuscation/</link>
		<comments>http://allaboutalpha.com/blog/2007/05/17/alpha-a-vexatious-lexigraphic-obfuscation/#comments</comments>
		<pubDate>Fri, 18 May 2007 01:33:42 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/05/17/alpha-a-vexatious-lexigraphic-obfuscation/</guid>
		<description><![CDATA[The word "alpha" is now used to describe so many different forms of real and imagined out performance.  It's time we came up with some new words.  We've done the Greeks.  How about the Aramaic alphabet?  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/05/17/alpha-a-vexatious-lexigraphic-obfuscation/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Mommy, Where do alphas come from?</title>
		<link>http://allaboutalpha.com/blog/2007/05/15/mommy-where-do-alphas-come-from/</link>
		<comments>http://allaboutalpha.com/blog/2007/05/15/mommy-where-do-alphas-come-from/#comments</comments>
		<pubDate>Wed, 16 May 2007 00:35:38 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>
		<category><![CDATA[Performance, Analytics & Metrics]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/05/15/mommy-where-do-alphas-come-from/</guid>
		<description><![CDATA[MIT's Andrew Lo releases a new paper that introduces a new measure of alpha - the "active component".  Lo argues that in truly active funds portfolio weightings are correlated to individual security returns. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/05/15/mommy-where-do-alphas-come-from/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Where Do Alphas Come From?  A New Measure of the Value of Active Investment Management</title>
		<link>http://allaboutalpha.com/blog/2007/05/15/where-do-alphas-come-from-a-new-measure-of-the-value-of-active-investment-management/</link>
		<comments>http://allaboutalpha.com/blog/2007/05/15/where-do-alphas-come-from-a-new-measure-of-the-value-of-active-investment-management/#comments</comments>
		<pubDate>Tue, 15 May 2007 21:21:27 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Dossier]]></category>
		<category><![CDATA[Performance, Analytics & Metrics]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2445</guid>
		<description><![CDATA[By: Andrew Lo
Published: May 2007
Abstract: The value of active investment management is traditionally measured by alpha, beta, tracking error, and the Sharpe and information ratios. These are essentially static characteristics of the marginal distributions of returns at a single point in time, and do not incorporate dynamic aspects of a manager&#8217;s investment process. In this [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/05/15/where-do-alphas-come-from-a-new-measure-of-the-value-of-active-investment-management/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Kat Launches New Broadside on Hedge Fund Replicators</title>
		<link>http://allaboutalpha.com/blog/2007/04/30/kat-launches-new-broadside-on-hedge-fund-replicators/</link>
		<comments>http://allaboutalpha.com/blog/2007/04/30/kat-launches-new-broadside-on-hedge-fund-replicators/#comments</comments>
		<pubDate>Tue, 01 May 2007 00:31:03 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/04/30/kat-launches-new-broadside-on-hedge-fund-replicators/</guid>
		<description><![CDATA[Professor Harry Kat of the Cass Business School at City University, London, has been a thorn in the side of the hedge fund industry for several years now.  And today (April 30), he released his latest attack on the sector, reserving his sharpest barbs for the hedge fund replicators themselves.  In fact, he concludes his [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/04/30/kat-launches-new-broadside-on-hedge-fund-replicators/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>All About Alpha Exclusive: An interview with Alexander Ineichen, author of &#8220;Asymmetric Returns&#8221;</title>
		<link>http://allaboutalpha.com/blog/2007/03/07/all-about-alpha-exclusive-an-interview-with-alexander-ineichen-author-of-asymmetric-returns/</link>
		<comments>http://allaboutalpha.com/blog/2007/03/07/all-about-alpha-exclusive-an-interview-with-alexander-ineichen-author-of-asymmetric-returns/#comments</comments>
		<pubDate>Thu, 08 Mar 2007 02:49:14 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Performance, Analytics & Metrics]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/03/07/all-about-alpha-exclusive-an-interview-with-alexander-ineichen-author-of-asymmetric-returns/</guid>
		<description><![CDATA[With their perfectly-timed trains and neatly-arranged homes, the Swiss are big fans of symmetry.  This makes UBS&#8217;s resident hedge fund guru Alexander Ineichen all the more of an anomaly.  His book Asymmetric Returns has been garnering a lot of attention not because it espouses order and regularity, but because it so vocally challenges the status quo, refutes conventional wisdom and, well, [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/03/07/all-about-alpha-exclusive-an-interview-with-alexander-ineichen-author-of-asymmetric-returns/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Atlanta Fed Q4 Economic Review: Focus on Hedge Funds</title>
		<link>http://allaboutalpha.com/blog/2007/02/22/atlanta-fed-q4-economic-review-focus-on-hedge-funds/</link>
		<comments>http://allaboutalpha.com/blog/2007/02/22/atlanta-fed-q4-economic-review-focus-on-hedge-funds/#comments</comments>
		<pubDate>Thu, 22 Feb 2007 23:13:23 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/02/22/atlanta-fed-q4-economic-review-focus-on-hedge-funds/</guid>
		<description><![CDATA[As we discussed yesterday, the Atlanta Fed dedicated its Q4 &#8216;06 Economic Review to hedge funds, featuring lengthy articles from Fung &#038; Hsieh, Andrew Lo and fellow academics from Columbia, UMass, &#038; UC San Diego.  The articles were based on presentations given by these luminaries at the Atlanta Fed&#8217;s scary-sounding May &#8216;06 conference &#8221;Hedge Funds: Creators of Risk?&#8221;.
There are over a [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/02/22/atlanta-fed-q4-economic-review-focus-on-hedge-funds/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Alternative Beta Conference Notebook</title>
		<link>http://allaboutalpha.com/blog/2007/02/12/alternative-beta-conference-notebook/</link>
		<comments>http://allaboutalpha.com/blog/2007/02/12/alternative-beta-conference-notebook/#comments</comments>
		<pubDate>Tue, 13 Feb 2007 02:20:27 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/02/12/alternative-beta-conference-notebook/</guid>
		<description><![CDATA[ART, meet ABI&#8230;
Picking up on Goldman Sach&#8217;s Absolute Return Tracker and Merrill Lynch&#8217;s Equity Volatility Arbitrage Index, JPMorgan is now in the hedge fund replication game.
Their new Alternative Beta Index now adds ABI to ART and &#8220;EVAI&#8221; in the hedge fund replication lexicon. The product was developed with the help of Duke&#8217;s David Hsieh and [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/02/12/alternative-beta-conference-notebook/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hedge Fund Managers Glorified Coin-Tossers?</title>
		<link>http://allaboutalpha.com/blog/2007/02/03/hedge-fund-managers-glorified-coin-tossers/</link>
		<comments>http://allaboutalpha.com/blog/2007/02/03/hedge-fund-managers-glorified-coin-tossers/#comments</comments>
		<pubDate>Sun, 04 Feb 2007 04:24:39 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/02/03/hedge-fund-managers-glorified-coin-tossers/</guid>
		<description><![CDATA[&#8220;To the point: Hedge funds have no science but to bet on heads or tails&#8221;
By: Edmond Warner, Daily Telegraph
Published: February 1, 2007
This article suggests that hedge funds, under pressure to perform, are simply levering-up 50/50 (&#8221;fair&#8221;) bets.  According to its author, hedge funds use &#8220;pseudo-scientific investment models that are no more than cottage industry gambles&#8221;. Unfortunately, [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/02/03/hedge-fund-managers-glorified-coin-tossers/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Black Box Trading: Panacea or Promotion?</title>
		<link>http://allaboutalpha.com/blog/2006/11/27/black-box-trading-panacea-or-promotion/</link>
		<comments>http://allaboutalpha.com/blog/2006/11/27/black-box-trading-panacea-or-promotion/#comments</comments>
		<pubDate>Tue, 28 Nov 2006 03:48:38 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2006/11/27/black-box-trading-panacea-or-promotion/</guid>
		<description><![CDATA[By: Roger Ehrenberg
Published: November 26, 2006
Blogger Roger Ehrenberg is somewhat skeptical of the proliferation of quantitative trading strategies.  He posts his thoughts on Sunday&#8217;s New York Times piece in which MIT&#8217;s Andrew Lo described the current interest in quant strategies as a black box &#8220;arms race&#8221;.  Ehrenberg poses an interesting hypothesis:
&#8220;I wonder if this new-found emphasis on black [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/11/27/black-box-trading-panacea-or-promotion/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hedge Fund Cloning to &#8220;Turn Industry Upside Down&#8221;</title>
		<link>http://allaboutalpha.com/blog/2006/11/23/hedge-fund-cloning-to-turn-industry-upside-down/</link>
		<comments>http://allaboutalpha.com/blog/2006/11/23/hedge-fund-cloning-to-turn-industry-upside-down/#comments</comments>
		<pubDate>Thu, 23 Nov 2006 05:03:17 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2006/11/23/hedge-fund-cloning-to-turn-industry-upside-down/</guid>
		<description><![CDATA[International hedge fund celebrity, Lars Jaegar (see research) told Dailyii on Tuesday that hedge fund cloning could have a &#8220;dramatic effect&#8221; on the industry.  He went on to say &#8221;This is going to turn the industry upside down&#8221;. 
MIT&#8217;s Andrew Lo (see research) agrees, telling FT his cloning process aims &#8220;to threaten existing hedge funds that disguise [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/11/23/hedge-fund-cloning-to-turn-industry-upside-down/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Can Hedge-Fund Returns Be Replicated?: The Linear Case</title>
		<link>http://allaboutalpha.com/blog/2006/11/01/can-hedge-fund-returns-be-replicated-the-linear-case/</link>
		<comments>http://allaboutalpha.com/blog/2006/11/01/can-hedge-fund-returns-be-replicated-the-linear-case/#comments</comments>
		<pubDate>Thu, 02 Nov 2006 00:53:56 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2006/11/01/can-hedge-fund-returns-be-replicated-the-linear-case/</guid>
		<description><![CDATA[By: Jasmina Hasanhodzic &#038; Andrew Lo, MIT
Published: August 16, 2006
 
This is a much-cited paper that aims to explain the returns of hedge funds, in aggregate, using several risk factors.  The conclusion:
&#8220;This raises the possibility of creating passive replicating portfolios or clones using liquid exchange-traded instruments that provide similar risk exposures at lower cost and with greater [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/11/01/can-hedge-fund-returns-be-replicated-the-linear-case/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Can Hedge Fund Returns Be Replicated?  The Linear Case</title>
		<link>http://allaboutalpha.com/blog/2006/08/15/can-hedge-fund-returns-be-replicated-the-linear-case-2/</link>
		<comments>http://allaboutalpha.com/blog/2006/08/15/can-hedge-fund-returns-be-replicated-the-linear-case-2/#comments</comments>
		<pubDate>Tue, 15 Aug 2006 18:09:49 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>
		<category><![CDATA[Dossier]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2360</guid>
		<description><![CDATA[By: Jasmina Hasanhodzic, Andrew Lo
Published: August 2006
Abstract: Hedge funds are often cited as attractive investments because of their diversification benefits and distinctive risk profiles &#8211; in contrast to traditional investments such as stocks and bonds, hedge-fund returns have more complex risk exposures that yield complementary sources of risk premia. This raises the possibility of creating [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/08/15/can-hedge-fund-returns-be-replicated-the-linear-case-2/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Adaptive Markets Hypothesis: market efficiency from an evolutionary perspective</title>
		<link>http://allaboutalpha.com/blog/2004/08/21/the-adaptive-markets-hypothesis-market-efficiency-from-an-evolutionary-perspective/</link>
		<comments>http://allaboutalpha.com/blog/2004/08/21/the-adaptive-markets-hypothesis-market-efficiency-from-an-evolutionary-perspective/#comments</comments>
		<pubDate>Sat, 21 Aug 2004 17:16:27 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>
		<category><![CDATA[Dossier]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2908</guid>
		<description><![CDATA[By: Andrew Lo
Published: August 2004
Abstract: One of the most influential ideas in the past 30 years of the Journal of Portfolio Management is the Efficient Markets Hypothesis, the idea that market prices incorporate all information rationally and instantaneously. However, the emerging discipline of behavioral economics and finance has challenged this hypothesis, arguing that markets are [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2004/08/21/the-adaptive-markets-hypothesis-market-efficiency-from-an-evolutionary-perspective/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
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