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	<title>AllAboutAlpha.com &#187; Search Results  &#187;  bridgewater</title>
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	<link>http://allaboutalpha.com/blog</link>
	<description>Hedge funds, portable alpha, 130/30 and alpha-centric investing</description>
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		<title>The changing face of hedge fund branding</title>
		<link>http://allaboutalpha.com/blog/2009/04/06/the-changing-face-of-hedge-fund-branding/</link>
		<comments>http://allaboutalpha.com/blog/2009/04/06/the-changing-face-of-hedge-fund-branding/#comments</comments>
		<pubDate>Tue, 07 Apr 2009 00:15:47 +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=4410</guid>
		<description><![CDATA[More evidence that for hedge fund and traditional managers alike, the grass is always greener on the other side.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/04/06/the-changing-face-of-hedge-fund-branding/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>Jaeger predicts year of alternative beta, the death of &#8220;black boxes.&#8221;  Advocates &#8220;scenario based&#8221; portfolio construction.</title>
		<link>http://allaboutalpha.com/blog/2009/01/19/jaeger-predicts-year-of-alternative-beta-the-death-of-black-boxes-advocates-scenario-based-portfolio-construction/</link>
		<comments>http://allaboutalpha.com/blog/2009/01/19/jaeger-predicts-year-of-alternative-beta-the-death-of-black-boxes-advocates-scenario-based-portfolio-construction/#comments</comments>
		<pubDate>Tue, 20 Jan 2009 01:49:14 +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=4061</guid>
		<description><![CDATA[Hedge fund industry watcher and alternative beta advocate Lars Jaeger of Partners Group provides us with his hedge fund predictions in this AllAboutAlpha.com exclusive.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/01/19/jaeger-predicts-year-of-alternative-beta-the-death-of-black-boxes-advocates-scenario-based-portfolio-construction/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>If hedge funds are &#8220;heading for the rocks&#8221;, it&#8217;s to rescue long-only castaways</title>
		<link>http://allaboutalpha.com/blog/2008/10/02/if-hedge-funds-are-heading-for-the-rocks-its-to-rescue-long-only-castaways/</link>
		<comments>http://allaboutalpha.com/blog/2008/10/02/if-hedge-funds-are-heading-for-the-rocks-its-to-rescue-long-only-castaways/#comments</comments>
		<pubDate>Fri, 03 Oct 2008 00:16:10 +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=3518</guid>
		<description><![CDATA[There's no question that it's rough seas ahead for hedge funds.  But the industry will weather this storm better than many think.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/10/02/if-hedge-funds-are-heading-for-the-rocks-its-to-rescue-long-only-castaways/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Major pension drops longstanding traditional managers in order to divide alpha and beta</title>
		<link>http://allaboutalpha.com/blog/2008/08/07/major-pension-drops-longstanding-traditional-managers-in-order-to-divide-alpha-and-beta/</link>
		<comments>http://allaboutalpha.com/blog/2008/08/07/major-pension-drops-longstanding-traditional-managers-in-order-to-divide-alpha-and-beta/#comments</comments>
		<pubDate>Fri, 08 Aug 2008 02:01:39 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Portable Alpha & Alpha/Beta Separation]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/08/07/major-pension-drops-longstanding-traditional-managers-in-order-to-divide-alpha-and-beta/</guid>
		<description><![CDATA[It's a situation reminiscent of trying to dump your girlfriend or boyfriend before she/he can get a chance to dump you.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/08/07/major-pension-drops-longstanding-traditional-managers-in-order-to-divide-alpha-and-beta/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Ray Dalio</title>
		<link>http://allaboutalpha.com/blog/2008/07/15/ray-dalio/</link>
		<comments>http://allaboutalpha.com/blog/2008/07/15/ray-dalio/#comments</comments>
		<pubDate>Tue, 15 Jul 2008 04:11:29 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Entrepreneurs]]></category>
		<category><![CDATA[Hall of Fame]]></category>
		<category><![CDATA[Who's Who]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2280</guid>
		<description><![CDATA[Ray Dalio
President and Chief Investment Officer of Bridgewater Associates (manages $170 billion, $30 billion+ in its &#8220;Pure Alpha&#8221; hedge fund strategy).
Bridgewater Associates
Interview (Derivatives Strategy)
Relevant Postings (AllAboutAlpha.com)
]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/07/15/ray-dalio/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A Note on Hedge Fund Fees: the Best is Yet to Come</title>
		<link>http://allaboutalpha.com/blog/2008/07/09/a-note-on-hedge-fund-fees-the-best-is-yet-to-come/</link>
		<comments>http://allaboutalpha.com/blog/2008/07/09/a-note-on-hedge-fund-fees-the-best-is-yet-to-come/#comments</comments>
		<pubDate>Thu, 10 Jul 2008 02:00:32 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Investment Management Fees]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/07/09/a-note-on-hedge-fund-fees-the-best-is-yet-to-come/</guid>
		<description><![CDATA[In a guest posting today, veteran portable alpha advocate Angelo Calvello says hedge fund fees may look high - but they sure beat indexing.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/07/09/a-note-on-hedge-fund-fees-the-best-is-yet-to-come/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hedge funds starting to get &#8220;voted off the island&#8221;</title>
		<link>http://allaboutalpha.com/blog/2008/06/19/hedge-funds-starting-to-get-voted-off-the-island/</link>
		<comments>http://allaboutalpha.com/blog/2008/06/19/hedge-funds-starting-to-get-voted-off-the-island/#comments</comments>
		<pubDate>Fri, 20 Jun 2008 02:00:32 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/06/19/hedge-funds-starting-to-get-voted-off-the-island/</guid>
		<description><![CDATA[In what amounts to a real-life episode of "Survivor", investors are apparently starting to vote smaller hedge funds "off the island".]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/06/19/hedge-funds-starting-to-get-voted-off-the-island/feed/</wfw:commentRss>
		<slash:comments>3</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>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>Deutsche Bank hedge fund-of-funds joins march on retail market</title>
		<link>http://allaboutalpha.com/blog/2007/08/13/deutsche-bank-hedge-fund-of-funds-joins-march-on-retail-market/</link>
		<comments>http://allaboutalpha.com/blog/2007/08/13/deutsche-bank-hedge-fund-of-funds-joins-march-on-retail-market/#comments</comments>
		<pubDate>Mon, 13 Aug 2007 23:29:23 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Portable Alpha & Alpha/Beta Separation]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/08/13/deutsche-bank-hedge-fund-of-funds-joins-march-on-retail-market/</guid>
		<description><![CDATA[Deutsche Bank recently announced the launch of a "portable alpha" product for retail investors - the latest in a steady flow of alpha-centric products hitting shelves during the recent market calamity. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/08/13/deutsche-bank-hedge-fund-of-funds-joins-march-on-retail-market/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Manager finds factor-replication &#8220;blunt&#8221; and distributional-replication &#8220;suspiciously opaque&#8221; &#8211; advocates mechanical trading instead</title>
		<link>http://allaboutalpha.com/blog/2007/07/19/manager-finds-factor-replication-blunt-and-distributional-replication-suspiciously-opaque-advocates-mechanical-trading-instead/</link>
		<comments>http://allaboutalpha.com/blog/2007/07/19/manager-finds-factor-replication-blunt-and-distributional-replication-suspiciously-opaque-advocates-mechanical-trading-instead/#comments</comments>
		<pubDate>Fri, 20 Jul 2007 02:00:59 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/07/19/manager-finds-factor-replication-blunt-and-distributional-replication-suspiciously-opaque-advocates-mechanical-trading-instead/</guid>
		<description><![CDATA[Apparently, the "good old fashioned Kat fight" we predicted yesterday has already begun.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/07/19/manager-finds-factor-replication-blunt-and-distributional-replication-suspiciously-opaque-advocates-mechanical-trading-instead/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>&quot;Bundled&quot; Portable Alpha: A Bridge Across The Portable Alpha Chasm?</title>
		<link>http://allaboutalpha.com/blog/2007/07/04/bundled-portable-alpha-a-bridge-across-the-portable-alpha-chasm/</link>
		<comments>http://allaboutalpha.com/blog/2007/07/04/bundled-portable-alpha-a-bridge-across-the-portable-alpha-chasm/#comments</comments>
		<pubDate>Thu, 05 Jul 2007 03:40:23 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Portable Alpha & Alpha/Beta Separation]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/07/04/bundled-portable-alpha-a-bridge-across-the-portable-alpha-chasm/</guid>
		<description><![CDATA[While nearly all institutional investors are now clear about the benefits of portable alpha, many are still put off by its often complex mechanics.  Unlike a simple active long-only mandate, a portable alpha strategy can often involve multiple accounts, the assumption of counterparty risk when using swaps for beta exposure, and cash management and rebalancing due to [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/07/04/bundled-portable-alpha-a-bridge-across-the-portable-alpha-chasm/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>World&#8217;s Unions Debate: Are Hedge Funds &#8220;Locusts&#8221; or &#8220;Termites&#8221;?</title>
		<link>http://allaboutalpha.com/blog/2007/06/24/worlds-unions-debate-are-hedge-funds-locusts-or-termites/</link>
		<comments>http://allaboutalpha.com/blog/2007/06/24/worlds-unions-debate-are-hedge-funds-locusts-or-termites/#comments</comments>
		<pubDate>Mon, 25 Jun 2007 02:13:40 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Hedge Fund Regulation]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/06/24/worlds-unions-debate-are-hedge-funds-locusts-or-termites/</guid>
		<description><![CDATA[A global organization of trade unions says hedge funds aren't locusts after all...they're termites.  But its new report lays out policy recommendations some might say amount to toxic pesticides.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/06/24/worlds-unions-debate-are-hedge-funds-locusts-or-termites/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Another warning flag on hedge funds from one of the industry&#8217;s own</title>
		<link>http://allaboutalpha.com/blog/2007/06/11/another-warning-flag-on-hedge-funds-from-one-of-the-industrys-own/</link>
		<comments>http://allaboutalpha.com/blog/2007/06/11/another-warning-flag-on-hedge-funds-from-one-of-the-industrys-own/#comments</comments>
		<pubDate>Tue, 12 Jun 2007 02:30:36 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/06/11/another-warning-flag-on-hedge-funds-from-one-of-the-industrys-own/</guid>
		<description><![CDATA[The New York Times reports recently on one hedge fund guru that believes hedge funds have become too correlated with the S&#038;P 500.  But the question remains: which hedge funds and over what period?]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/06/11/another-warning-flag-on-hedge-funds-from-one-of-the-industrys-own/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Bridgewater gives &#8220;alpha-centric&#8221; a thumbs-up</title>
		<link>http://allaboutalpha.com/blog/2007/06/04/bridgewater-gives-alpha-centric-a-thumbs-up/</link>
		<comments>http://allaboutalpha.com/blog/2007/06/04/bridgewater-gives-alpha-centric-a-thumbs-up/#comments</comments>
		<pubDate>Mon, 04 Jun 2007 23:30:34 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Media Coverage of Hedge Funds]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/06/04/bridgewater-gives-alpha-centric-a-thumbs-up/</guid>
		<description><![CDATA["Alpha centric" turns out to be more than just a goofy term used by us as a placeholder until something better comes along.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/06/04/bridgewater-gives-alpha-centric-a-thumbs-up/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Hold the phone: New list of big hedge funds looks quite different</title>
		<link>http://allaboutalpha.com/blog/2007/05/29/hold-the-phone-new-list-of-big-hedge-funds-looks-quite-different/</link>
		<comments>http://allaboutalpha.com/blog/2007/05/29/hold-the-phone-new-list-of-big-hedge-funds-looks-quite-different/#comments</comments>
		<pubDate>Wed, 30 May 2007 01:19:46 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/05/29/hold-the-phone-new-list-of-big-hedge-funds-looks-quite-different/</guid>
		<description><![CDATA[Alpha Magazine recently published a list of the world's largest hedge funds.  This week, Pensions &#038; Investments releases a different list that includes the largest managers of hedge funds for US pensions &#038; foundations.    ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/05/29/hold-the-phone-new-list-of-big-hedge-funds-looks-quite-different/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bridgewater: Hedge fund leverage now at levels not seen since LTCM</title>
		<link>http://allaboutalpha.com/blog/2007/04/19/bridgewater-hedge-fund-leverage-now-at-levels-not-seen-since-ltcm/</link>
		<comments>http://allaboutalpha.com/blog/2007/04/19/bridgewater-hedge-fund-leverage-now-at-levels-not-seen-since-ltcm/#comments</comments>
		<pubDate>Thu, 19 Apr 2007 15:09:43 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>
		<category><![CDATA[Investment Management Fees]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/04/19/bridgewater-hedge-fund-leverage-now-at-levels-not-seen-since-ltcm/</guid>
		<description><![CDATA[Bridgewater is the quintessential "alpha-centric" investor.  But in this note, it argues that hedge funds are overly leveraged, replicatable using simple factors, and unlikely to perform when risk increases.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/04/19/bridgewater-hedge-fund-leverage-now-at-levels-not-seen-since-ltcm/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>King of Quants</title>
		<link>http://allaboutalpha.com/blog/2007/01/30/king-of-quants/</link>
		<comments>http://allaboutalpha.com/blog/2007/01/30/king-of-quants/#comments</comments>
		<pubDate>Wed, 31 Jan 2007 04:08:50 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Portable Alpha & Alpha/Beta Separation]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/01/30/king-of-quants/</guid>
		<description><![CDATA[By: Douglas Appell, Pensions &#38; Investments
Published: January 8, 2007
Any of you who have tried to read this article by PanAgora CEO, Eric Sorensen will understand clearly what he meant when he told P&#38;I in a recent interview:
&#8220;We&#8217;re academics. We do practical research, (at a) very high level, and we love to do it. And oh, by [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/01/30/king-of-quants/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Whole Enchilada</title>
		<link>http://allaboutalpha.com/blog/2007/01/23/the-whole-enchilada/</link>
		<comments>http://allaboutalpha.com/blog/2007/01/23/the-whole-enchilada/#comments</comments>
		<pubDate>Wed, 24 Jan 2007 02:18:02 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/01/23/the-whole-enchilada/</guid>
		<description><![CDATA[&#8220;Engineering Targeted Returns and Risks&#8221;
By: Ray Dalio, Bridgewater Associates
Published: December 31, 2005
As regular readers may recall, Alpha Male was at a hedge fund conference last fall involving a large number of institutional investors.  While the &#8220;main stream media&#8221; was not invited, AllAboutAlpha.com was able to report on a few general themes and some of the extra-curricular events.  One of the [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/01/23/the-whole-enchilada/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
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		<title>No Love for Portable Alpha</title>
		<link>http://allaboutalpha.com/blog/2006/11/13/no-love-for-portable-alpha/</link>
		<comments>http://allaboutalpha.com/blog/2006/11/13/no-love-for-portable-alpha/#comments</comments>
		<pubDate>Tue, 14 Nov 2006 02:03:42 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Portable Alpha & Alpha/Beta Separation]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2006/11/13/no-love-for-portable-alpha/</guid>
		<description><![CDATA[By: Vince Calio, Pensions &#38; Investments
Published: October 30, 2006
Okay, so not everyone is a huge fan of portable alpha.  Can you blame them after all the hype?
But as the recent Goldman Sachs Annual client pow-wow illustrates, there remains much debate over basic definitions.  According to Pensions &#38; Investments, endowments are particularly skeptical of portable alpha.  They argue that their [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/11/13/no-love-for-portable-alpha/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<title>Bridgewater takes portable alpha route, urges clients to follow suit</title>
		<link>http://allaboutalpha.com/blog/2006/10/30/bridgewater-takes-portable-alpha-route-urges-clients-to-follow-suit/</link>
		<comments>http://allaboutalpha.com/blog/2006/10/30/bridgewater-takes-portable-alpha-route-urges-clients-to-follow-suit/#comments</comments>
		<pubDate>Tue, 31 Oct 2006 01:47:25 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Portable Alpha & Alpha/Beta Separation]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2006/10/30/bridgewater-takes-portable-alpha-route-urges-clients-to-follow-suit/</guid>
		<description><![CDATA[By: Christine Williamson, Pensions &#038; Investments
Published: October 30, 2006
   
Talk about industry leadership.  According to Pensions &#038; Investments, Bridgewater (manager of $165 billion) has sent letters to its clients saying that portable alpha strategies are such a no-brainer, that any client not buying in to the approach in the next 12 months will be, as P&#038;I puts [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/10/30/bridgewater-takes-portable-alpha-route-urges-clients-to-follow-suit/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
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		<title>Hedge Funds Selling Alpha as Beta</title>
		<link>http://allaboutalpha.com/blog/2006/07/22/hedge-funds-selling-alpha-as-beta/</link>
		<comments>http://allaboutalpha.com/blog/2006/07/22/hedge-funds-selling-alpha-as-beta/#comments</comments>
		<pubDate>Sat, 22 Jul 2006 23:51:50 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Investment Management Fees]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=105</guid>
		<description><![CDATA[By: Greg Jensen, Noah Yechiely, Jason Rotenberg, Bridgewater Associates
Published: May 24, 2005
Excerpt:

&#8220;Most institutional investors continue to tie together their alpha and beta decisions (i.e. an institution typically decides how much money they want in equities and then goes out and hires equity managers to manage it).  This is clearly inefficienct, as the two decisions need [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/07/22/hedge-funds-selling-alpha-as-beta/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Alpha Overlay: Employing Active Risk Management</title>
		<link>http://allaboutalpha.com/blog/2006/07/13/alpha-overlay-employing-active-risk-management/</link>
		<comments>http://allaboutalpha.com/blog/2006/07/13/alpha-overlay-employing-active-risk-management/#comments</comments>
		<pubDate>Thu, 13 Jul 2006 19:45:04 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Portable Alpha & Alpha/Beta Separation]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=79</guid>
		<description><![CDATA[By: Ray Dalio, Bridgewater Associates
Published: June 2006 
Excerpt:

&#8220;Properly executed, alpha overlay leads to better investment results with no more risk than traditional investment management for the following reasons: 


The total return of a portfolio equals the return of the asset classes invested in and the managers&#8217; alpha; this is equally true if the alpha produced is in [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/07/13/alpha-overlay-employing-active-risk-management/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>Portable Alpha</title>
		<link>http://allaboutalpha.com/blog/2006/07/04/portable-alpha/</link>
		<comments>http://allaboutalpha.com/blog/2006/07/04/portable-alpha/#comments</comments>
		<pubDate>Tue, 04 Jul 2006 23:59:02 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Portable Alpha & Alpha/Beta Separation]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=29</guid>
		<description><![CDATA[By: Angelo A. Calvello Ph.D., State Street Global Investors
Published: October 15, 2003
Excerpts: 

The new paradigm rejects total return as the measure of a strategy&#8217;s worth. It instead holds steadfast to the principle that any strategy&#8217;s total return can be divided into a market return and (ideally) a net excess return. The market return component is quantified [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/07/04/portable-alpha/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>Bridgewater Associates</title>
		<link>http://allaboutalpha.com/blog/2000/07/19/bridgewater-associates/</link>
		<comments>http://allaboutalpha.com/blog/2000/07/19/bridgewater-associates/#comments</comments>
		<pubDate>Thu, 20 Jul 2000 03:41:52 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Asset Managers]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2626</guid>
		<description><![CDATA[Bridgewater Associates
From corporate website: It is in Bridgewater&#8217;s DNA to innovate, unshackled by conventions. As a result, over the last 30 years, Bridgewater has pioneered several investment strategies, including currency overlay management in the 1980s, the separation of alpha and beta in the early 1990s and inflation-linked bond management in the mid 1990s. Bridgewater began [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2000/07/19/bridgewater-associates/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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