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	<title>AllAboutAlpha.com &#187; Search Results  &#187;  French</title>
	<atom:link href="http://allaboutalpha.com/blog/?s=French&#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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		<title>Live Blogging &#8220;Battle of the Quants&#8221;</title>
		<link>http://allaboutalpha.com/blog/2010/01/28/live-blogging-battle-of-the-quants/</link>
		<comments>http://allaboutalpha.com/blog/2010/01/28/live-blogging-battle-of-the-quants/#comments</comments>
		<pubDate>Thu, 28 Jan 2010 16:09:56 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=9019</guid>
		<description><![CDATA[Today, we report live from the annual New York edition of the "Battle of Quants."    ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2010/01/28/live-blogging-battle-of-the-quants/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Ineichen Dialogues Act III: Life is Like a Box of Chocolates</title>
		<link>http://allaboutalpha.com/blog/2009/12/31/the-ineichen-dialogues-act-iii-life-is-like-a-box-of-chocolates/</link>
		<comments>http://allaboutalpha.com/blog/2009/12/31/the-ineichen-dialogues-act-iii-life-is-like-a-box-of-chocolates/#comments</comments>
		<pubDate>Fri, 01 Jan 2010 01:12:08 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Featured Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=8551</guid>
		<description><![CDATA[By: Alexander Ineichen.
Once upon a time, not so long ago, there was a bear named Winnie-the-Bear who lived in the Trillion Acre Wood. On some level, he was a silly old bear. Nevertheless, he was wondering what the fuss about hedge funds was all about. He invited his two best friends, George Jones, the famous [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/12/31/the-ineichen-dialogues-act-iii-life-is-like-a-box-of-chocolates/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>2009: The year hedge funds finally stirred the regulatory hornets&#8217; nest</title>
		<link>http://allaboutalpha.com/blog/2009/10/21/2009-the-year-hedge-funds-finally-stirred-the-regulatory-hornets-nest/</link>
		<comments>http://allaboutalpha.com/blog/2009/10/21/2009-the-year-hedge-funds-finally-stirred-the-regulatory-hornets-nest/#comments</comments>
		<pubDate>Thu, 22 Oct 2009 00:00:42 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Regulation]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=6773</guid>
		<description><![CDATA[After decades of relative calm, hedge funds have managed to stir up a hornets' nest of regulatory activity in 2009.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/10/21/2009-the-year-hedge-funds-finally-stirred-the-regulatory-hornets-nest/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Survey shows that for some private equity firms, SRI and ESG are now bona fide investment criteria</title>
		<link>http://allaboutalpha.com/blog/2009/09/01/survey-shows-that-for-some-private-equity-firms-sri-and-esg-are-now-bona-fide-investment-criteria/</link>
		<comments>http://allaboutalpha.com/blog/2009/09/01/survey-shows-that-for-some-private-equity-firms-sri-and-esg-are-now-bona-fide-investment-criteria/#comments</comments>
		<pubDate>Wed, 02 Sep 2009 00:00:50 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=5788</guid>
		<description><![CDATA[A poll of French private equity managers finds that environmental, social and governance (ESG) issues may have finally become part of the investment process.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/09/01/survey-shows-that-for-some-private-equity-firms-sri-and-esg-are-now-bona-fide-investment-criteria/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>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>Crowds may not be so &#8220;wise&#8221; after all</title>
		<link>http://allaboutalpha.com/blog/2009/06/18/crowds-may-not-be-so-wise-after-all/</link>
		<comments>http://allaboutalpha.com/blog/2009/06/18/crowds-may-not-be-so-wise-after-all/#comments</comments>
		<pubDate>Fri, 19 Jun 2009 00:00:28 +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/?p=4888</guid>
		<description><![CDATA[A new book, an industry survey, and media reports have propelled the age-old topic of market efficiency into the spotlight this month.  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/06/18/crowds-may-not-be-so-wise-after-all/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Disentangling the effects of the short bans from those of the broader financial crisis</title>
		<link>http://allaboutalpha.com/blog/2009/05/03/disentangling-the-effects-of-the-short-bans-from-those-of-the-broader-financial-crisis/</link>
		<comments>http://allaboutalpha.com/blog/2009/05/03/disentangling-the-effects-of-the-short-bans-from-those-of-the-broader-financial-crisis/#comments</comments>
		<pubDate>Mon, 04 May 2009 01:02:30 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Regulation]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4531</guid>
		<description><![CDATA[A recently published study of the short selling bans in Europe concludes that they may have had a greater impact on overall market sentiment than they did on the actual stocks at which they were targeted.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/05/03/disentangling-the-effects-of-the-short-bans-from-those-of-the-broader-financial-crisis/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A novel approach to monitoring daily HF returns when they don&#8217;t actually exist</title>
		<link>http://allaboutalpha.com/blog/2009/04/12/a-novel-approach-to-monitoring-daily-hf-returns-when-they-dont-actually-exist/</link>
		<comments>http://allaboutalpha.com/blog/2009/04/12/a-novel-approach-to-monitoring-daily-hf-returns-when-they-dont-actually-exist/#comments</comments>
		<pubDate>Mon, 13 Apr 2009 00:44:33 +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=4418</guid>
		<description><![CDATA[Hedge fund replication is now put to a different use by researchers.  Call it "assisted hedge fund replication".    ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/04/12/a-novel-approach-to-monitoring-daily-hf-returns-when-they-dont-actually-exist/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Hedge Fund Activism: Does it Still Work? The Case of Atos Origin</title>
		<link>http://allaboutalpha.com/blog/2009/04/06/hedge-fund-activism-does-it-still-work-the-case-of-atos-origin/</link>
		<comments>http://allaboutalpha.com/blog/2009/04/06/hedge-fund-activism-does-it-still-work-the-case-of-atos-origin/#comments</comments>
		<pubDate>Mon, 06 Apr 2009 20:56:57 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Dossier]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4587</guid>
		<description><![CDATA[By: Veronique Bessiere (Université Montpellier II), Michael Kaestner (Montpellier University) and Anne-Laurence Lafont (N/A)
Published: April 2009
Abstract: This article investigates the ability of two hedge funds, Centaurus and Pardus, to successfully act as activists in one of their targets, Atos Origin. Research Findings/Insights: This paper provides a clinical study analysing how and why two hedge funds [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/04/06/hedge-fund-activism-does-it-still-work-the-case-of-atos-origin/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Poll suggests &#8220;vintage knowledge&#8221; may be to blame for disinterest in alpha-centric portfolio techniques</title>
		<link>http://allaboutalpha.com/blog/2009/03/16/poll-suggests-vintage-knowledge-may-be-to-blame-for-disinterest-in-alpha-centric-portfolio-techniques/</link>
		<comments>http://allaboutalpha.com/blog/2009/03/16/poll-suggests-vintage-knowledge-may-be-to-blame-for-disinterest-in-alpha-centric-portfolio-techniques/#comments</comments>
		<pubDate>Tue, 17 Mar 2009 03:28:02 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Editor's Pick]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4346</guid>
		<description><![CDATA[A survey of European investment professionals suggests that out-dated knowledge may be to blame for failure to adopt modern portfolio construction techniques. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/03/16/poll-suggests-vintage-knowledge-may-be-to-blame-for-disinterest-in-alpha-centric-portfolio-techniques/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Financial crisis to slow convergence of hedge funds and private equity, but not for long, says academic</title>
		<link>http://allaboutalpha.com/blog/2009/02/20/financial-crisis-to-slow-convergence-of-hedge-funds-and-private-equity-but-not-for-long-says-academic/</link>
		<comments>http://allaboutalpha.com/blog/2009/02/20/financial-crisis-to-slow-convergence-of-hedge-funds-and-private-equity-but-not-for-long-says-academic/#comments</comments>
		<pubDate>Fri, 20 Feb 2009 04:06:54 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Guest Posts]]></category>
		<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4271</guid>
		<description><![CDATA[The much ballyhooed topic of convergence between hedge funds and private equity has been bumped from the front pages recently by the convergence of financial sector workers and pink slips.  But according to one academic (who has the ear of the US Congress), it's not going away any time soon.  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/02/20/financial-crisis-to-slow-convergence-of-hedge-funds-and-private-equity-but-not-for-long-says-academic/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Despite operational risk reporting standards, chasm remains between hedge fund investors and managers</title>
		<link>http://allaboutalpha.com/blog/2009/01/25/despite-operational-risk-reporting-standards-chasm-remains-between-hedge-fund-investors-and-managers/</link>
		<comments>http://allaboutalpha.com/blog/2009/01/25/despite-operational-risk-reporting-standards-chasm-remains-between-hedge-fund-investors-and-managers/#comments</comments>
		<pubDate>Mon, 26 Jan 2009 01:05:01 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4129</guid>
		<description><![CDATA[A study released on Friday shows that investors have always been concerned about hedge fund transparency.  But a closer look reveals that investors value different types of transparency to very different extents than their managers.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/01/25/despite-operational-risk-reporting-standards-chasm-remains-between-hedge-fund-investors-and-managers/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>London Notebook: HF regulations in 1609, VIX to the rescue, and no premature demise for clones</title>
		<link>http://allaboutalpha.com/blog/2008/12/10/london-notebook-hf-regulations-in-1609-vix-to-the-rescue-and-a-premature-demise-for-clones/</link>
		<comments>http://allaboutalpha.com/blog/2008/12/10/london-notebook-hf-regulations-in-1609-vix-to-the-rescue-and-a-premature-demise-for-clones/#comments</comments>
		<pubDate>Wed, 10 Dec 2008 06:34:29 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3876</guid>
		<description><![CDATA[We're on location in London today reporting on Edhec's annual hedge fund extravaganza.  Like us, this event aims to bridge the gap between academic research and the real world.  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/12/10/london-notebook-hf-regulations-in-1609-vix-to-the-rescue-and-a-premature-demise-for-clones/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Attendees at Hedge Funds World Zurich wonder: Should risk models now anticipate the &#8220;statistically impossible&#8221;?</title>
		<link>http://allaboutalpha.com/blog/2008/12/04/attendees-at-hedge-funds-world-zurich-wonder-should-risk-models-now-anticipate-the-statistically-impossible/</link>
		<comments>http://allaboutalpha.com/blog/2008/12/04/attendees-at-hedge-funds-world-zurich-wonder-should-risk-models-now-anticipate-the-statistically-impossible/#comments</comments>
		<pubDate>Fri, 05 Dec 2008 03:36:58 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3868</guid>
		<description><![CDATA[Couldn't make it to Zurich this week?  No worries.  Here is our summary of the event that featured Nassim Taleb, Peter Clarke and several other hedge fund notables.   ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/12/04/attendees-at-hedge-funds-world-zurich-wonder-should-risk-models-now-anticipate-the-statistically-impossible/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Despite ongoing skepticism, two-thirds say they are willing to believe in &#8220;hedge fund replication&#8221;</title>
		<link>http://allaboutalpha.com/blog/2008/11/24/despite-ongoing-skepticism-two-thirds-say-they-are-willing-to-believe-in-hedge-fund-replication/</link>
		<comments>http://allaboutalpha.com/blog/2008/11/24/despite-ongoing-skepticism-two-thirds-say-they-are-willing-to-believe-in-hedge-fund-replication/#comments</comments>
		<pubDate>Tue, 25 Nov 2008 01:24:26 +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=3736</guid>
		<description><![CDATA[Newly-release government UFO files aren't the only controversy pitting skeptics against "believers" these days...]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/11/24/despite-ongoing-skepticism-two-thirds-say-they-are-willing-to-believe-in-hedge-fund-replication/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Asness: Quant funds not actually &#8220;HAL 9000&#8243; black boxes</title>
		<link>http://allaboutalpha.com/blog/2008/11/17/asness-quant-funds-not-actually-hal-9000-black-boxes/</link>
		<comments>http://allaboutalpha.com/blog/2008/11/17/asness-quant-funds-not-actually-hal-9000-black-boxes/#comments</comments>
		<pubDate>Tue, 18 Nov 2008 02:43:17 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Editor's Pick]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3701</guid>
		<description><![CDATA[In an article released today by Alpha magazine, AQR's Clifford Asness says that quant funds can still profit from new opportunities and that they are actually far more transparent than most fundamentally-driven funds (or than the "HAL 9000", for that matter).]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/11/17/asness-quant-funds-not-actually-hal-9000-black-boxes/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hedge funds should rue the day that the term &#8220;absolute returns&#8221; was coined</title>
		<link>http://allaboutalpha.com/blog/2008/10/19/hedge-funds-should-rue-the-day-that-the-term-absolute-returns-was-coined/</link>
		<comments>http://allaboutalpha.com/blog/2008/10/19/hedge-funds-should-rue-the-day-that-the-term-absolute-returns-was-coined/#comments</comments>
		<pubDate>Mon, 20 Oct 2008 00:19:52 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3561</guid>
		<description><![CDATA[Are hedge fund returns supposed to be "absolute" or "relative"?  As it turns out "absolutely relative" may have been a better moniker.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/10/19/hedge-funds-should-rue-the-day-that-the-term-absolute-returns-was-coined/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Leaving Lake Wobegon</title>
		<link>http://allaboutalpha.com/blog/2008/10/13/leaving-lake-wobegon/</link>
		<comments>http://allaboutalpha.com/blog/2008/10/13/leaving-lake-wobegon/#comments</comments>
		<pubDate>Tue, 14 Oct 2008 01:02:00 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Media Coverage of Hedge Funds]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3541</guid>
		<description><![CDATA[What faces the asset management after the dust settles?  Hopefully, a sober and renewed examination of alpha across all investments - not a renunciation of it. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/10/13/leaving-lake-wobegon/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New study says widely-used models can be particularly misleading in performance evaluation</title>
		<link>http://allaboutalpha.com/blog/2008/07/14/new-study-says-widely-used-models-%e2%80%9ccan-be-particularly-misleading-in-performance-evaluation%e2%80%9d/</link>
		<comments>http://allaboutalpha.com/blog/2008/07/14/new-study-says-widely-used-models-%e2%80%9ccan-be-particularly-misleading-in-performance-evaluation%e2%80%9d/#comments</comments>
		<pubDate>Tue, 15 Jul 2008 02:00:26 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/07/14/new-study-says-widely-used-models-%e2%80%9ccan-be-particularly-misleading-in-performance-evaluation%e2%80%9d/</guid>
		<description><![CDATA[A recent study says that widely-used performance measures may not be as good as we all might have thought. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/07/14/new-study-says-widely-used-models-%e2%80%9ccan-be-particularly-misleading-in-performance-evaluation%e2%80%9d/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Kenneth French</title>
		<link>http://allaboutalpha.com/blog/2008/06/26/kenneth-french/</link>
		<comments>http://allaboutalpha.com/blog/2008/06/26/kenneth-french/#comments</comments>
		<pubDate>Thu, 26 Jun 2008 15:02:01 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Academic Foundations]]></category>
		<category><![CDATA[Hall of Fame]]></category>
		<category><![CDATA[Who's Who]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2181</guid>
		<description><![CDATA[Kenneth French
Carl E. and Catherine M. Heidt Professor of Finance at the Tuck School of Business, Dartmouth College. President Elect of the American Finance Association, a Research Associate at the National Bureau of Economic Research, an Advisory Editor of the Journal of Financial Economics.
Bio (Wikipedia)
Homepage (Personal)
Contact Information (Personal)
Research (SSRN)
Interview (Fama/French Forum)
Relevant Postings (AllAboutAlpha.com)
]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/06/26/kenneth-french/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Eugene Fama</title>
		<link>http://allaboutalpha.com/blog/2008/06/26/eugene-fama/</link>
		<comments>http://allaboutalpha.com/blog/2008/06/26/eugene-fama/#comments</comments>
		<pubDate>Thu, 26 Jun 2008 14:43:53 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Academic Foundations]]></category>
		<category><![CDATA[Hall of Fame]]></category>
		<category><![CDATA[Who's Who]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2179</guid>
		<description><![CDATA[Eugene Fama
Robert R. McCormick Distinguished Service Professor of Finance, Graduate School of Business, University of Chicago.
Bio (Wikipedia)
Homepage (University of Chicago)
Research (SSRN)
Interview (Fama/French Forum)
Relevant Postings (AllAboutAlpha.com)
]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/06/26/eugene-fama/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>French fries active management</title>
		<link>http://allaboutalpha.com/blog/2008/06/16/french-fries-active-management/</link>
		<comments>http://allaboutalpha.com/blog/2008/06/16/french-fries-active-management/#comments</comments>
		<pubDate>Tue, 17 Jun 2008 02:00:52 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/06/16/french-fries-active-management/</guid>
		<description><![CDATA[Kenneth French, one half of the "Fama &#038; French" duo calls active management "futile" and wonders why institutions haven't thrown in the towel. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/06/16/french-fries-active-management/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>A &#8220;small-cap bias&#8221; in hedge funds themselves?</title>
		<link>http://allaboutalpha.com/blog/2008/05/21/a-small-cap-bias-in-hedge-funds-themselves/</link>
		<comments>http://allaboutalpha.com/blog/2008/05/21/a-small-cap-bias-in-hedge-funds-themselves/#comments</comments>
		<pubDate>Thu, 22 May 2008 02:34:04 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/05/21/a-small-cap-bias-in-hedge-funds-themselves/</guid>
		<description><![CDATA[An analysis of the performance of small, medium and large hedge funds reveals a small-fund advantage that disciples of Fama and French will appreciate.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/05/21/a-small-cap-bias-in-hedge-funds-themselves/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>130/30 in the 1930s</title>
		<link>http://allaboutalpha.com/blog/2008/04/13/13030-in-the-1930s/</link>
		<comments>http://allaboutalpha.com/blog/2008/04/13/13030-in-the-1930s/#comments</comments>
		<pubDate>Mon, 14 Apr 2008 02:28:03 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[130/30]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/04/13/13030-in-the-1930s/</guid>
		<description><![CDATA[Ever wonder how 130/30 strategies would have performed during the Great Depression?     ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/04/13/13030-in-the-1930s/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Alternative Viewpoints: Sustainable Hedge Fund Performance</title>
		<link>http://allaboutalpha.com/blog/2008/03/31/alternative-viewpoints-sustainable-hedge-fund-performance/</link>
		<comments>http://allaboutalpha.com/blog/2008/03/31/alternative-viewpoints-sustainable-hedge-fund-performance/#comments</comments>
		<pubDate>Tue, 01 Apr 2008 02:06:51 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAIA Alternative Viewpoints Columns]]></category>
		<category><![CDATA[CAPM / Alpha Theory]]></category>
		<category><![CDATA[Guest Posts]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/03/31/alternative-viewpoints-sustainable-hedge-fund-performance/</guid>
		<description><![CDATA[Identifying persistent returns can be done with the naked eye.  But identifying persistent alpha?  That's a different ball game according one researcher. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/03/31/alternative-viewpoints-sustainable-hedge-fund-performance/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>The End of (asset management) History?</title>
		<link>http://allaboutalpha.com/blog/2008/03/12/the-end-of-asset-management-history/</link>
		<comments>http://allaboutalpha.com/blog/2008/03/12/the-end-of-asset-management-history/#comments</comments>
		<pubDate>Thu, 13 Mar 2008 00:45:45 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>
		<category><![CDATA[Investment Management Fees]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/03/12/the-end-of-asset-management-history/</guid>
		<description><![CDATA[If the history of asset management could be characterized as a struggle between active and passive management, are we nearing the end?]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/03/12/the-end-of-asset-management-history/feed/</wfw:commentRss>
		<slash:comments>3</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>Davos &#8220;Systemic Financial Risk&#8221; panel: most apropos in modern history</title>
		<link>http://allaboutalpha.com/blog/2008/01/25/davos-systemic-financial-risk-panel-most-apropos-in-modern-history/</link>
		<comments>http://allaboutalpha.com/blog/2008/01/25/davos-systemic-financial-risk-panel-most-apropos-in-modern-history/#comments</comments>
		<pubDate>Fri, 25 Jan 2008 19:45:51 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Regulation]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/01/25/davos-systemic-financial-risk-panel-most-apropos-in-modern-history/</guid>
		<description><![CDATA[Official news of the SocGen fiasco broke on Thursday, January 24 (See conference call notes from 5am ET that day).  As the media widely reported, the company opted for a rights issue to shore up its capital ratios.  Morgan Stanley and JP Morgan were chosen as underwriters.
The WSJ reports, &#8220;Societe Generale and the U.S. bankers feared on [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/01/25/davos-systemic-financial-risk-panel-most-apropos-in-modern-history/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>SocGen named &#8220;Equity Derivatives House of the Year&#8221;</title>
		<link>http://allaboutalpha.com/blog/2008/01/25/socgen-named-equity-derivatives-house-of-the-year/</link>
		<comments>http://allaboutalpha.com/blog/2008/01/25/socgen-named-equity-derivatives-house-of-the-year/#comments</comments>
		<pubDate>Fri, 25 Jan 2008 14:23:07 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Institutional Investing]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/01/25/socgen-named-equity-derivatives-house-of-the-year/</guid>
		<description><![CDATA[We couldn't make this stuff up.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/01/25/socgen-named-equity-derivatives-house-of-the-year/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>Do Hedge Funds Arbitrage Market Anomalies?</title>
		<link>http://allaboutalpha.com/blog/2008/01/02/do-hedge-funds-arbitrage-market-anomalies/</link>
		<comments>http://allaboutalpha.com/blog/2008/01/02/do-hedge-funds-arbitrage-market-anomalies/#comments</comments>
		<pubDate>Wed, 02 Jan 2008 14:54:01 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>
		<category><![CDATA[Dossier]]></category>
		<category><![CDATA[Posting Categories]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3833</guid>
		<description><![CDATA[By: Dan Lawson and David R. Peterson (Florida State University)
Published: January 2008
Abstract: We investigate whether hedge funds arbitrage market anomalies. We examine a seven-factor model including traditional Fama and French (1993) and Carhart (1997) factors and factors associated with the anomalies of earnings momentum, equity financing, and asset growth rates. We find the average hedge [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/01/02/do-hedge-funds-arbitrage-market-anomalies/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>An academic explanation for the disparity in hedge fund index returns</title>
		<link>http://allaboutalpha.com/blog/2007/12/09/an-academic-explanation-for-the-disparity-in-hedge-fund-index-returns/</link>
		<comments>http://allaboutalpha.com/blog/2007/12/09/an-academic-explanation-for-the-disparity-in-hedge-fund-index-returns/#comments</comments>
		<pubDate>Mon, 10 Dec 2007 01:00:20 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Performance, Analytics & Metrics]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/12/09/an-academic-explanation-for-the-disparity-in-hedge-fund-index-returns/</guid>
		<description><![CDATA[While the absolute disparity between various hedge fund indices is small, it is large relative to monthly results and is so heavily scrutinized as a "pulse" on the industry that some important context is required.  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/12/09/an-academic-explanation-for-the-disparity-in-hedge-fund-index-returns/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Edhec hedge fund replication research now online</title>
		<link>http://allaboutalpha.com/blog/2007/12/02/edhec-hedge-fund-replication-research-now-online/</link>
		<comments>http://allaboutalpha.com/blog/2007/12/02/edhec-hedge-fund-replication-research-now-online/#comments</comments>
		<pubDate>Mon, 03 Dec 2007 00:59:13 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/12/02/edhec-hedge-fund-replication-research-now-online/</guid>
		<description><![CDATA[Regular readers may recall this story we did on a research study by Edhec, the French business school, last spring.  The study contained a comprehensive analysis of various so-called hedge fund replication strategies.  At the time we directed you to Edhec if you wanted to buy the whole report since it wasn&#8217;t available to the [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/12/02/edhec-hedge-fund-replication-research-now-online/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Are restrictive regulations behind surfeit of &#8220;slightly positive results&#8221;?</title>
		<link>http://allaboutalpha.com/blog/2007/11/19/are-restrictive-regulations-behind-surfeit-of-slightly-positive-results/</link>
		<comments>http://allaboutalpha.com/blog/2007/11/19/are-restrictive-regulations-behind-surfeit-of-slightly-positive-results/#comments</comments>
		<pubDate>Tue, 20 Nov 2007 01:00:36 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Regulation]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/11/19/are-restrictive-regulations-behind-surfeit-of-slightly-positive-results/</guid>
		<description><![CDATA[Researchers tell us that there is a mysterious rash of "marginally positive results" in Hedgistan.  Now a new study says the situation is both mitigated and exacerbated by ill-conceived regulation.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/11/19/are-restrictive-regulations-behind-surfeit-of-slightly-positive-results/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Convergence at The Rockefeller Center</title>
		<link>http://allaboutalpha.com/blog/2007/11/07/convergence-at-the-rockefeller-center/</link>
		<comments>http://allaboutalpha.com/blog/2007/11/07/convergence-at-the-rockefeller-center/#comments</comments>
		<pubDate>Thu, 08 Nov 2007 03:59:55 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Portable Alpha & Alpha/Beta Separation]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/11/07/convergence-at-the-rockefeller-center/</guid>
		<description><![CDATA[What if alpha didn't exist?  Would that put a major kibosh on "portable alpha"?  Apparently not.  In fact, alpha may not even be that important to portable alpha after all.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/11/07/convergence-at-the-rockefeller-center/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New product re-defines &#8220;oxymoron&#8221;</title>
		<link>http://allaboutalpha.com/blog/2007/11/05/new-product-re-defines-oxymoron/</link>
		<comments>http://allaboutalpha.com/blog/2007/11/05/new-product-re-defines-oxymoron/#comments</comments>
		<pubDate>Tue, 06 Nov 2007 01:00:01 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/11/05/new-product-re-defines-oxymoron/</guid>
		<description><![CDATA[A new index of active managers makes no sense to us.  A fund-of-funds, yes.  But a true "index"?  Could it possibly be a marketing ploy?]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/11/05/new-product-re-defines-oxymoron/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Paying Tribute to the Clones</title>
		<link>http://allaboutalpha.com/blog/2007/10/23/paying-tribute-to-the-clones/</link>
		<comments>http://allaboutalpha.com/blog/2007/10/23/paying-tribute-to-the-clones/#comments</comments>
		<pubDate>Wed, 24 Oct 2007 02:38:17 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/10/23/paying-tribute-to-the-clones/</guid>
		<description><![CDATA[France's Edhec business school published a succinct summary of hedge fund replication offerings last week.  It's well worth the read - especially if you're a Jedi knight.  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/10/23/paying-tribute-to-the-clones/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Separate studies conduct returns-based analyses of Renaissance and Amaranth</title>
		<link>http://allaboutalpha.com/blog/2007/10/01/separate-studies-conduct-returns-based-analyses-of-renaissance-and-amaranth/</link>
		<comments>http://allaboutalpha.com/blog/2007/10/01/separate-studies-conduct-returns-based-analyses-of-renaissance-and-amaranth/#comments</comments>
		<pubDate>Tue, 02 Oct 2007 01:17:03 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Performance, Analytics & Metrics]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/10/01/separate-studies-conduct-returns-based-analyses-of-renaissance-and-amaranth/</guid>
		<description><![CDATA[Factor-based studies find that that Jim Simons' $26b RIEF fund may be nothing more than a handful of risk factors and that Amaranth's demise may have been quietly foreshadowed.  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/10/01/separate-studies-conduct-returns-based-analyses-of-renaissance-and-amaranth/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Q-Group spring 2007 seminar summaries are (almost) all about alpha</title>
		<link>http://allaboutalpha.com/blog/2007/09/25/q-group-spring-2007-seminar-summaries-are-almost-all-about-alpha/</link>
		<comments>http://allaboutalpha.com/blog/2007/09/25/q-group-spring-2007-seminar-summaries-are-almost-all-about-alpha/#comments</comments>
		<pubDate>Tue, 25 Sep 2007 06:44:27 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/09/25/q-group-spring-2007-seminar-summaries-are-almost-all-about-alpha/</guid>
		<description><![CDATA[The storied "Q-Group" of quant rocket scientists has recently posted the summary from its spring 2007 meetings.  We find that most of its 17 pages are dedicated to alpha-centric investing.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/09/25/q-group-spring-2007-seminar-summaries-are-almost-all-about-alpha/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
<enclosure url="http://easylink.ovsmedia.com/onlinevideoservice/clients/afa/Sharpe_Hi.wvx" length="224" type="video/x-ms-wvx" />
		</item>
		<item>
		<title>Sorry Letters, Accident Scenes and Hedge Fund Asteroids</title>
		<link>http://allaboutalpha.com/blog/2007/08/19/sorry-letters-accident-scenes-and-hedge-fund-asteroids/</link>
		<comments>http://allaboutalpha.com/blog/2007/08/19/sorry-letters-accident-scenes-and-hedge-fund-asteroids/#comments</comments>
		<pubDate>Mon, 20 Aug 2007 04:39:09 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/08/19/sorry-letters-accident-scenes-and-hedge-fund-asteroids/</guid>
		<description><![CDATA[Today, gory details of recent quant blow-ups - ideal for accident-scene rubber-neckers. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/08/19/sorry-letters-accident-scenes-and-hedge-fund-asteroids/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
<enclosure url="http://datacore.sciflicks.com/armageddon/sounds/armageddon_scary.wav" length="48524" type="audio/x-wav" />
		</item>
		<item>
		<title>Is illiquidity really all that bad?</title>
		<link>http://allaboutalpha.com/blog/2007/08/09/is-illiquidity-really-all-that-bad/</link>
		<comments>http://allaboutalpha.com/blog/2007/08/09/is-illiquidity-really-all-that-bad/#comments</comments>
		<pubDate>Fri, 10 Aug 2007 01:00:13 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/08/09/is-illiquidity-really-all-that-bad/</guid>
		<description><![CDATA[As a recent Fed report and a recent book have pointed out, forced liquidations can often propagate a death spiral for leveraged investors as more and more assets are dumped to meet margin calls (see related posting).  The Bear Stearns situation is a living case study for this phenomenon.
At the same time, commentators have derided hedge [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/08/09/is-illiquidity-really-all-that-bad/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>The Altercation over Indexation</title>
		<link>http://allaboutalpha.com/blog/2007/07/26/the-altercation-over-indexation/</link>
		<comments>http://allaboutalpha.com/blog/2007/07/26/the-altercation-over-indexation/#comments</comments>
		<pubDate>Fri, 27 Jul 2007 01:00:01 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/07/26/the-altercation-over-indexation/</guid>
		<description><![CDATA[Fundamental Indexing's Rob Arnott went toe-to-toe with Vanguard's Gus Sauter in a recently-released webcast.  Billed as an "Indexation Smackdown", the bout featured plenty of bobbing and weaving.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/07/26/the-altercation-over-indexation/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Downward-sloping security market line: a sign the end is nigh?</title>
		<link>http://allaboutalpha.com/blog/2007/04/29/downward-sloping-security-market-line-a-sign-the-end-is-nigh/</link>
		<comments>http://allaboutalpha.com/blog/2007/04/29/downward-sloping-security-market-line-a-sign-the-end-is-nigh/#comments</comments>
		<pubDate>Mon, 30 Apr 2007 03:00:46 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/04/29/downward-sloping-security-market-line-a-sign-the-end-is-nigh/</guid>
		<description><![CDATA[Here is yet more evidence that high volatility stocks do not necessarily out perform low volatility stocks.  A new research paper by the brainiacs at Dutch institutional investment manager Robeco shows that not only don&#8217;t high-vol stocks outperform low-vol stocks, but they actually underperform them.  You heard right.  The security market line (SML) slopes down, [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/04/29/downward-sloping-security-market-line-a-sign-the-end-is-nigh/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Why hedge fund replication might be giving you a deja vu</title>
		<link>http://allaboutalpha.com/blog/2007/04/24/why-hedge-fund-replication-might-be-giving-you-a-deja-vu/</link>
		<comments>http://allaboutalpha.com/blog/2007/04/24/why-hedge-fund-replication-might-be-giving-you-a-deja-vu/#comments</comments>
		<pubDate>Tue, 24 Apr 2007 23:35:31 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/04/24/why-hedge-fund-replication-might-be-giving-you-a-deja-vu/</guid>
		<description><![CDATA[Bill Fung and David Hsieh write in the Banque de France's bi-monthly "Financial Stability Review" that hedge fund replication should eventually reduce hedge fund management fees.     ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/04/24/why-hedge-fund-replication-might-be-giving-you-a-deja-vu/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Small Cap Effect: &#8220;It&#8217;s Only a Flesh Wound!&#8221;</title>
		<link>http://allaboutalpha.com/blog/2007/04/18/small-cap-effect-its-only-a-flesh-wound/</link>
		<comments>http://allaboutalpha.com/blog/2007/04/18/small-cap-effect-its-only-a-flesh-wound/#comments</comments>
		<pubDate>Thu, 19 Apr 2007 00:07:12 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/04/18/small-cap-effect-its-only-a-flesh-wound/</guid>
		<description><![CDATA[Dresdner Kleinwortâ€™s James Montier levels an attack on Fama &#038; French's alleged small-cap outpeformance - leaving 3F proponents taunting us with cries that â€œitâ€™s only a flesh wound!â€.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/04/18/small-cap-effect-its-only-a-flesh-wound/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Value Premium: value pricing, or just a flat tire?</title>
		<link>http://allaboutalpha.com/blog/2007/04/17/the-value-premium-value-pricing-or-just-a-flat-tire/</link>
		<comments>http://allaboutalpha.com/blog/2007/04/17/the-value-premium-value-pricing-or-just-a-flat-tire/#comments</comments>
		<pubDate>Tue, 17 Apr 2007 22:07:23 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/04/17/the-value-premium-value-pricing-or-just-a-flat-tire/</guid>
		<description><![CDATA[Researchers say the value factor in the Fama &#038; French model is ill-defined and needs to be split in two, one factor for "structural" value and one for "transitory" value.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/04/17/the-value-premium-value-pricing-or-just-a-flat-tire/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>State Street runs up the score in 130/30 March Madness</title>
		<link>http://allaboutalpha.com/blog/2007/03/26/state-street-runs-up-the-score-in-13030-march-madness/</link>
		<comments>http://allaboutalpha.com/blog/2007/03/26/state-street-runs-up-the-score-in-13030-march-madness/#comments</comments>
		<pubDate>Tue, 27 Mar 2007 03:30:29 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[130/30]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/03/26/state-street-runs-up-the-score-in-13030-march-madness/</guid>
		<description><![CDATA[There has been a flurry of activity in the 130/30 space so far this month that seems to rival the hoopla over US college basketball.  No sooner had Merrill Lynch released its report on 130/30 than State Street landed a 165 million GBP mandate.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/03/26/state-street-runs-up-the-score-in-13030-march-madness/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Beta arbitrage as an alpha opportunity</title>
		<link>http://allaboutalpha.com/blog/2007/02/05/beta-arbitrage-as-an-alpha-opportunity/</link>
		<comments>http://allaboutalpha.com/blog/2007/02/05/beta-arbitrage-as-an-alpha-opportunity/#comments</comments>
		<pubDate>Tue, 06 Feb 2007 04:08:00 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/02/05/beta-arbitrage-as-an-alpha-opportunity/</guid>
		<description><![CDATA[By: Tuomo Vuolteenaho, Arrowstreet Capital
Published: January 2006
Dresdner Kleinwort economist James Montier refered to this article in a recent piece.  As Montier pointed out, Vuolteenaho argues that low beta stocks outperform higher beta stocks on a risk-adjusted basis (according to Montier&#8217;s own research, they may even outperform on an absolute basis).  Vuolteenaho makes the logical step from this conclusion to [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/02/05/beta-arbitrage-as-an-alpha-opportunity/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>CAPM is C.R.A.P.: Dresdner Kleinwort Economist</title>
		<link>http://allaboutalpha.com/blog/2007/01/31/capm-is-crap-dresdner-kleinwort-economist/</link>
		<comments>http://allaboutalpha.com/blog/2007/01/31/capm-is-crap-dresdner-kleinwort-economist/#comments</comments>
		<pubDate>Thu, 01 Feb 2007 02:52:25 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/01/31/capm-is-crap-dresdner-kleinwort-economist/</guid>
		<description><![CDATA[&#8220;CAPM is CRAP, or, The Dead Parrot Lives&#8221;
By: James Montier, Dresdner Kleinwort
Published: January 29, 2007, John Mauldin&#8217;s &#8220;Outside the Box&#8221;
John Mauldin is a big fan of James Montier, the 34 year old Dresdner Kleinwort economist who literally wrote the book on behavioral finance.  Montier also wrote a chapter in Mauldin&#8217;s 2006 book &#8220;Just One Thing&#8221; [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/01/31/capm-is-crap-dresdner-kleinwort-economist/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Alpha/Beta Separation &amp; Integration is #3 Trend for 2007: New Watson Wyatt Report</title>
		<link>http://allaboutalpha.com/blog/2007/01/26/alphabeta-separation-integration-is-3-trend-for-2007-new-watson-wyatt-report/</link>
		<comments>http://allaboutalpha.com/blog/2007/01/26/alphabeta-separation-integration-is-3-trend-for-2007-new-watson-wyatt-report/#comments</comments>
		<pubDate>Sat, 27 Jan 2007 01:14:50 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/01/26/alphabeta-separation-integration-is-3-trend-for-2007-new-watson-wyatt-report/</guid>
		<description><![CDATA[&#8220;2007 Global Pension Assets Study&#8221;
By: Watson Wyatt
Published: January 24, 2007
&#8220;Alpha/Beta Separation&#8221; isn&#8217;t just another pretty face.  This year it&#8217;s listed third on Watson Wyatt&#8217;s list of the &#8220;Six Faces of Change&#8221; for pension investing.  The &#8220;six faces&#8221; include:

Liability-driven investing
Absolute return strategies / alternative assets
Alpha / beta separation &#38; integration
Beta prime innovation / capturing systematic &#8220;alpha&#8221; in [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/01/26/alphabeta-separation-integration-is-3-trend-for-2007-new-watson-wyatt-report/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A Financial &#8220;Period of Enlightenment&#8221;</title>
		<link>http://allaboutalpha.com/blog/2007/01/09/a-financial-period-of-enlightenment/</link>
		<comments>http://allaboutalpha.com/blog/2007/01/09/a-financial-period-of-enlightenment/#comments</comments>
		<pubDate>Wed, 10 Jan 2007 02:15:06 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>
		<category><![CDATA[Institutional Investing]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/01/09/a-financial-period-of-enlightenment/</guid>
		<description><![CDATA[This is the second of three postings we plan on Alexander Ineichen&#8217;s new book Asymmetric Returns.  In it, Ineichen argues that alpha is the result, not of security-selection per se, but of downside risk mitigation.  Ineichen argues that we are experiencing a &#8220;paradigm shift&#8221; or &#8220;period of enlightenment&#8221; in asset management.  So if you like this blog, [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/01/09/a-financial-period-of-enlightenment/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Strategy Claims Equity Returns, Bond Volatility</title>
		<link>http://allaboutalpha.com/blog/2007/01/04/strategy-claims-equity-returns-bond-volatility/</link>
		<comments>http://allaboutalpha.com/blog/2007/01/04/strategy-claims-equity-returns-bond-volatility/#comments</comments>
		<pubDate>Fri, 05 Jan 2007 02:23:52 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/01/04/strategy-claims-equity-returns-bond-volatility/</guid>
		<description><![CDATA[By: Joel Chernoff, Pensions &#38; Investments
Published: December 25, 2006
Everyone head to the cafeteria, SEI is serving up a &#8220;free lunch&#8221;!  The firm has introduced a new strategy that forsakes higher volatility stocks in favour of their lower volatility brethren.  It&#8217;s tasty and doesn&#8217;t give you heartburn according to the firm.  As you might guess, the strategy underperforms the index [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/01/04/strategy-claims-equity-returns-bond-volatility/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Sharpe to Fama &amp; French: Beta&#8217;s Death Announcement is &#8220;Highly Premature&#8221;</title>
		<link>http://allaboutalpha.com/blog/2006/12/27/sharpe-to-fama-french-betas-death-announcement-is-highly-premature/</link>
		<comments>http://allaboutalpha.com/blog/2006/12/27/sharpe-to-fama-french-betas-death-announcement-is-highly-premature/#comments</comments>
		<pubDate>Thu, 28 Dec 2006 04:20:55 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2006/12/27/sharpe-to-fama-french-betas-death-announcement-is-highly-premature/</guid>
		<description><![CDATA[Fama/French groupies beware, in his new book &#8220;Investors &#38; Markets&#8220;, William Sharpe has a warning for you: the expected out performance of value &#38; small-cap stocks may be a pipe dream.  On page 200 of his book, Sharpe concludes that &#8220;the announcement of the death of beta appears to be highly premature.&#8221;
Explains Sharpe:
&#8220;In recent years, some researchers have concluded that [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/12/27/sharpe-to-fama-french-betas-death-announcement-is-highly-premature/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Performance measurement for hedge funds with neural network derived benchmarks</title>
		<link>http://allaboutalpha.com/blog/2006/12/18/performance-measurement-for-hedge-funds-with-neural-network-derived-benchmarks/</link>
		<comments>http://allaboutalpha.com/blog/2006/12/18/performance-measurement-for-hedge-funds-with-neural-network-derived-benchmarks/#comments</comments>
		<pubDate>Mon, 18 Dec 2006 23:59:51 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Performance, Analytics & Metrics]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2006/12/18/performance-measurement-for-hedge-funds-with-neural-network-derived-benchmarks/</guid>
		<description><![CDATA[By: Ramin Baghai-Wadji &#38; Stefan Klocker, Vienna University of Economics and Business Administration
Published: May 20, 2006
Assuming hedge fund beta exists, determining the amount of alpha produced by a manager requires one to know what particular hedge fund beta a manager is leveraging.  So the identification of a hedge fund as being say, &#8221;merger arb&#8221; or &#8220;distressed&#8221; is critical in determining [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/12/18/performance-measurement-for-hedge-funds-with-neural-network-derived-benchmarks/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>I know what you did last summer&#8230;you wrote a paper lambasting portable alpha</title>
		<link>http://allaboutalpha.com/blog/2006/12/13/i-know-what-you-did-last-summeryou-wrote-a-paper-lambasting-portable-alpha/</link>
		<comments>http://allaboutalpha.com/blog/2006/12/13/i-know-what-you-did-last-summeryou-wrote-a-paper-lambasting-portable-alpha/#comments</comments>
		<pubDate>Thu, 14 Dec 2006 00:39:13 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Portable Alpha & Alpha/Beta Separation]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2006/12/13/i-know-what-you-did-last-summeryou-wrote-a-paper-lambasting-portable-alpha/</guid>
		<description><![CDATA[&#8220;Inefficiencies of Portable Alpha Models&#8221;
By: Eric Murphy, Princeton University
Published: July 29, 2006
Ah, those hazy lazy days of your college summers.  Summer jobs, parties, weekends at the beach, writing portable alpha research papers.
Princeton undergraduate student Eric Murphy did just this, finishing off his clearly worded, logical argument against portable alpha in the dog days of last summer.  In the [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/12/13/i-know-what-you-did-last-summeryou-wrote-a-paper-lambasting-portable-alpha/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>How Surviving Hedge Funds Beat the Market</title>
		<link>http://allaboutalpha.com/blog/2006/11/28/how-surviving-hedge-funds-beat-the-market/</link>
		<comments>http://allaboutalpha.com/blog/2006/11/28/how-surviving-hedge-funds-beat-the-market/#comments</comments>
		<pubDate>Tue, 28 Nov 2006 15:12:11 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Dossier]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Performance, Analytics & Metrics]]></category>
		<category><![CDATA[Posting Categories]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3842</guid>
		<description><![CDATA[By: Craig W. French and Damian B. Ko (Corbin Capital Partners)
Published: November 2006
Abstract: This presentation is the slideshow Craig French used to illustrate his comments when he presented the paper &#8220;How Hedge Funds Beat the Market&#8221; to the Quantitative Working Alliance For Applied Financial Education and Wisdom (&#8221;QWAFAFEW&#8221;) in New York, November 2006. The paper, coauthored [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/11/28/how-surviving-hedge-funds-beat-the-market/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Alpha Generating Momentum Strategies</title>
		<link>http://allaboutalpha.com/blog/2006/11/27/alpha-generating-momentum-strategies/</link>
		<comments>http://allaboutalpha.com/blog/2006/11/27/alpha-generating-momentum-strategies/#comments</comments>
		<pubDate>Tue, 28 Nov 2006 01:14:58 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>
		<category><![CDATA[Dossier]]></category>
		<category><![CDATA[Performance, Analytics & Metrics]]></category>
		<category><![CDATA[Posting Categories]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4257</guid>
		<description><![CDATA[By: Gregor Daniel Obrecht
Published: November 2006
Abstract: This thesis investigates price momentum of U.S. stocks in a large-cap dominated dataset from December 1985 to August 2006. It is shown that return continuation can be found among large-caps. The evaluated momentum strategies generate arbitrage profits in the overall sample period. In the CAPM and the Fama-French framework [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/11/27/alpha-generating-momentum-strategies/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Success of Alpha</title>
		<link>http://allaboutalpha.com/blog/2006/08/28/the-success-of-alpha/</link>
		<comments>http://allaboutalpha.com/blog/2006/08/28/the-success-of-alpha/#comments</comments>
		<pubDate>Mon, 28 Aug 2006 15:24:10 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=206</guid>
		<description><![CDATA[By: Europerformance
This article from the website of Europerformance (a European mutual fund ratings agency) argues
a) that alpha is not the sole domain of hedge fund managers (Alpha Male agrees)
b) that advisors need to adopt alpha as a key measure along with return and volatility (Alpha Male agrees), and,
c) that Sharpe&#8217;s style analysis should be used [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/08/28/the-success-of-alpha/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Tilted Portfolios, Hedge Funds and Portable Alpha</title>
		<link>http://allaboutalpha.com/blog/2006/07/26/tilted-portfolios-hedge-funds-and-portable-alpha/</link>
		<comments>http://allaboutalpha.com/blog/2006/07/26/tilted-portfolios-hedge-funds-and-portable-alpha/#comments</comments>
		<pubDate>Thu, 27 Jul 2006 03:20:21 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Portable Alpha & Alpha/Beta Separation]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=113</guid>
		<description><![CDATA[By: Eugene Fama &#038; Kenneth French
Published: May 2006
This article was written by Fama and French in support of the investment strategies used by Dimensional Fund Advisors, a &#8220;passive active&#8221; fund manager using various Fama &#038; French models. 
It refers to the deconstruction of &#8220;tilted&#8221; (biased) funds into passive and active components.  This process is also discussed in several [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/07/26/tilted-portfolios-hedge-funds-and-portable-alpha/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Synthetic Hedge Funds?</title>
		<link>http://allaboutalpha.com/blog/2006/07/11/synthetic-hedge-funds/</link>
		<comments>http://allaboutalpha.com/blog/2006/07/11/synthetic-hedge-funds/#comments</comments>
		<pubDate>Tue, 11 Jul 2006 15:43:34 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=67</guid>
		<description><![CDATA[By: Alpha Male 
Chris Woods of State Street Global Advisors makes a common argument against hedge funds in an article published on May 3, 2006 - that their returns are driven more by &#8220;exotic&#8221; or &#8220;alternative&#8221; beta than they are by alpha.  Ergo, an investor could acheive the same returns more cheaply by investing in a passive basket [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/07/11/synthetic-hedge-funds/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Inefficiencies of Portable Alpha Models</title>
		<link>http://allaboutalpha.com/blog/2006/07/09/inefficiencies-of-portable-alpha-models/</link>
		<comments>http://allaboutalpha.com/blog/2006/07/09/inefficiencies-of-portable-alpha-models/#comments</comments>
		<pubDate>Sun, 09 Jul 2006 17:51:59 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Dossier]]></category>
		<category><![CDATA[Portable Alpha & Alpha/Beta Separation]]></category>
		<category><![CDATA[Posting Categories]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2753</guid>
		<description><![CDATA[By: Eric Murphy, Princeton University
Published: July 2006
Abstract: This paper dissects the portable alpha strategy, which has recently gained popularity with institutional investors. Using arbitrage-free pricing theory, I show that the use of derivatives to create synthetic exposure in portable alpha models is irrelevant and merely creates unnecessary levels of complexity and inefficiencies. I demonstrate how [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/07/09/inefficiencies-of-portable-alpha-models/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Neutralizing Betas without Neutralizing Alphas in Funds of Hedge Funds</title>
		<link>http://allaboutalpha.com/blog/2004/11/15/neutralizing-betas-without-neutralizing-alphas-in-funds-of-hedge-funds/</link>
		<comments>http://allaboutalpha.com/blog/2004/11/15/neutralizing-betas-without-neutralizing-alphas-in-funds-of-hedge-funds/#comments</comments>
		<pubDate>Tue, 16 Nov 2004 01:18:05 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>
		<category><![CDATA[Dossier]]></category>
		<category><![CDATA[Posting Categories]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3812</guid>
		<description><![CDATA[By: Craig W. French (Corbin Capital Partners) and Jimmy Liew (Columbia)
Published: November 2004
Abstract: Identification of the relevant factors that drive hedge fund returns is an important component to institutional quality fund of funds investing. We focus specifically on the importance of analyzing the alpha and beta return generators. Additionally, we discuss tail-risk management and the [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2004/11/15/neutralizing-betas-without-neutralizing-alphas-in-funds-of-hedge-funds/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Intertemporal Capital Asset Pricing and the Fama-French Three-Factor Model</title>
		<link>http://allaboutalpha.com/blog/2001/07/31/intertemporal-capital-asset-pricing-and-the-fama-french-three-factor-model/</link>
		<comments>http://allaboutalpha.com/blog/2001/07/31/intertemporal-capital-asset-pricing-and-the-fama-french-three-factor-model/#comments</comments>
		<pubDate>Wed, 01 Aug 2001 00:38:53 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>
		<category><![CDATA[Dossier]]></category>
		<category><![CDATA[Posting Categories]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4224</guid>
		<description><![CDATA[By: Michael J. Brennan, Ashley Wang, Yihong Xia (University of California)
Published: July 2001
Abstract: Characterizing the instantaneous investment opportunity set by the real interest rate and the maximum Sharpe ratio, a simple model of time varying investment opportunities is posited in which these two variables follow correlated Ornstein-Uhlenbeck processes, and the implications for stock and bond [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2001/07/31/intertemporal-capital-asset-pricing-and-the-fama-french-three-factor-model/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
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