<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>AllAboutAlpha.com &#187; Search Results  &#187;  de silva</title>
	<atom:link href="http://allaboutalpha.com/blog/?s=de%20silva&#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>
	<lastBuildDate>Tue, 09 Feb 2010 19:50:30 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=abc</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
			<item>
		<title>In portfolio management, sometimes the sum of the parts is greater than the whole</title>
		<link>http://allaboutalpha.com/blog/2009/11/11/in-portfolio-management-sometimes-the-sum-of-the-parts-is-greater-than-the-whole/</link>
		<comments>http://allaboutalpha.com/blog/2009/11/11/in-portfolio-management-sometimes-the-sum-of-the-parts-is-greater-than-the-whole/#comments</comments>
		<pubDate>Thu, 12 Nov 2009 02:00:30 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Portable Alpha & Alpha/Beta Separation]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=7404</guid>
		<description><![CDATA[It's not that active managers are using the wrong parts, it's just that they're using the wrong numbers of them, says this must-read document.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/11/11/in-portfolio-management-sometimes-the-sum-of-the-parts-is-greater-than-the-whole/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Why bother separating alpha and beta?  Here&#8217;s why.</title>
		<link>http://allaboutalpha.com/blog/2009/11/08/why-bother-separating-alpha-and-beta-heres-why/</link>
		<comments>http://allaboutalpha.com/blog/2009/11/08/why-bother-separating-alpha-and-beta-heres-why/#comments</comments>
		<pubDate>Mon, 09 Nov 2009 00:00:21 +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=7383</guid>
		<description><![CDATA[With the un-alpha-like performance of the hedge fund portion of portable alpha strategies last year, it's easy to disregard alpha/beta separation as hype.  But here's a must-read paper that shows why the concept is fundamentally sound.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/11/08/why-bother-separating-alpha-and-beta-heres-why/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Investing Separately in Alpha and Beta</title>
		<link>http://allaboutalpha.com/blog/2009/05/01/investing-separately-in-alpha-and-beta/</link>
		<comments>http://allaboutalpha.com/blog/2009/05/01/investing-separately-in-alpha-and-beta/#comments</comments>
		<pubDate>Fri, 01 May 2009 16:53:54 +0000</pubDate>
		<dc:creator>Lisa Rivera</dc:creator>
				<category><![CDATA[Dossier]]></category>
		<category><![CDATA[Portable Alpha & Alpha/Beta Separation]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=7519</guid>
		<description><![CDATA[By: Roger G. Clarke, Harindra de Silva, and Steven Thorley
Published: May 2009
Introduction: The separation of alpha and beta sources of return in institutional portfolios has arrived and is having a profound influence on the way investors view risk and return. Some observers believe that the impact of alpha–beta separation will be as transformative as modern [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/05/01/investing-separately-in-alpha-and-beta/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Harindra de Silva</title>
		<link>http://allaboutalpha.com/blog/2008/07/15/harindra-de-silva/</link>
		<comments>http://allaboutalpha.com/blog/2008/07/15/harindra-de-silva/#comments</comments>
		<pubDate>Tue, 15 Jul 2008 04:12:25 +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=2294</guid>
		<description><![CDATA[Harindra de Silva
President, Analytic Investors.  Author of several articles and studies on finance-related topics including stock market anomalies, market volatility and asset valuation.
Interview (Pensions &#38; Investments)
Analytic Investors
Research (SSRN)
Relevant Postings (AllAboutAlpha.com)
 
]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/07/15/harindra-de-silva/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>130/30 rationale, value, and &#8220;myths&#8221; covered in newly released slideware</title>
		<link>http://allaboutalpha.com/blog/2008/06/08/13030-rationale-value-and-myths-covered-in-newly-released-slideware/</link>
		<comments>http://allaboutalpha.com/blog/2008/06/08/13030-rationale-value-and-myths-covered-in-newly-released-slideware/#comments</comments>
		<pubDate>Sun, 08 Jun 2008 23:43:20 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[130/30]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/06/08/13030-rationale-value-and-myths-covered-in-newly-released-slideware/</guid>
		<description><![CDATA[Pensions &#038; Investments hosted a tri-city 130/30 road show last month.  The slides, released last week, contain some useful information.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/06/08/13030-rationale-value-and-myths-covered-in-newly-released-slideware/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>130/30 Indices: True indices or like playing chess against a computer?</title>
		<link>http://allaboutalpha.com/blog/2008/01/07/13030-indices-true-indices-or-playing-chess-against-a-computer/</link>
		<comments>http://allaboutalpha.com/blog/2008/01/07/13030-indices-true-indices-or-playing-chess-against-a-computer/#comments</comments>
		<pubDate>Tue, 08 Jan 2008 01:00:39 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[130/30]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/01/07/13030-indices-true-indices-or-playing-chess-against-a-computer/</guid>
		<description><![CDATA[They say anything worthwhile should be measured.  But does everything worthwhile really need an "index"?  A controversial new paper on 130/30 indexation redefines the term.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/01/07/13030-indices-true-indices-or-playing-chess-against-a-computer/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Long/Short Extensions: How Much is Enough?</title>
		<link>http://allaboutalpha.com/blog/2007/09/26/longshort-extensions-how-much-is-enough/</link>
		<comments>http://allaboutalpha.com/blog/2007/09/26/longshort-extensions-how-much-is-enough/#comments</comments>
		<pubDate>Wed, 26 Sep 2007 12:40:34 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[130/30]]></category>
		<category><![CDATA[Dossier]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2162</guid>
		<description><![CDATA[By: Roger Clarke, Harindra de Silva, Steven Sapra, Steven Thorley 
Published: September 2007
Abstract: Long/short ratios like 130/30 are an increasingly common way for the investment management industry to describe portfolios that are released from the long-only constraint. The ratio of a portfolio&#8217;s long and short positions to net notional value is often the primary description of [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/09/26/longshort-extensions-how-much-is-enough/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>130/30 a moving target according to originators of the craze</title>
		<link>http://allaboutalpha.com/blog/2007/09/19/13030-a-moving-target-according-to-originators-of-the-craze/</link>
		<comments>http://allaboutalpha.com/blog/2007/09/19/13030-a-moving-target-according-to-originators-of-the-craze/#comments</comments>
		<pubDate>Thu, 20 Sep 2007 02:06:43 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[130/30]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/09/19/13030-a-moving-target-according-to-originators-of-the-craze/</guid>
		<description><![CDATA[A paper released over the summer by four men who are often considered originators of 130/30 says that the most desirable level of shorting (of "X" in 1X0/X0) actually fluctuates over time according to market factors.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/09/19/13030-a-moving-target-according-to-originators-of-the-craze/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New study finds 130/30 outperforms long-only in back tests</title>
		<link>http://allaboutalpha.com/blog/2007/09/18/new-study-finds-13030-outperforms-long-only-in-back-tests/</link>
		<comments>http://allaboutalpha.com/blog/2007/09/18/new-study-finds-13030-outperforms-long-only-in-back-tests/#comments</comments>
		<pubDate>Wed, 19 Sep 2007 01:42:42 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[130/30]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/09/18/new-study-finds-13030-outperforms-long-only-in-back-tests/</guid>
		<description><![CDATA[Since 130/30 funds are so new, there is precious little historical data to analyse.  But now one manager has come up with a way to back-test 130/30 strategies to see how they would have performed over the past 13 years.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/09/18/new-study-finds-13030-outperforms-long-only-in-back-tests/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Fundamental indexation comes under renewed attack</title>
		<link>http://allaboutalpha.com/blog/2007/05/07/fundamental-indexation-comes-under-renewed-attack/</link>
		<comments>http://allaboutalpha.com/blog/2007/05/07/fundamental-indexation-comes-under-renewed-attack/#comments</comments>
		<pubDate>Mon, 07 May 2007 22:40:03 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/05/07/fundamental-indexation-comes-under-renewed-attack/</guid>
		<description><![CDATA[Rob Arnott isn&#8217;t afraid to go against the grain.  His &#8220;fundamental indexing&#8221; methodology ignores price and value-weighted indices and instead uses fundamental business metrics such as sales and revenue to construct investment benchmarks.  He says this avoids the propensity for indices to overweight temporarily overvalued stocks and underweight temporarily undervalued stocks.
But the idea has always had its [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/05/07/fundamental-indexation-comes-under-renewed-attack/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A Brief History of &#8220;130/30&#8243;</title>
		<link>http://allaboutalpha.com/blog/2007/04/16/a-brief-history-of-13030/</link>
		<comments>http://allaboutalpha.com/blog/2007/04/16/a-brief-history-of-13030/#comments</comments>
		<pubDate>Tue, 17 Apr 2007 02:37:57 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[130/30]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/04/16/a-brief-history-of-13030/</guid>
		<description><![CDATA[How did such an awkward term arise from nowhere so quickly to capture our collective imagination? ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/04/16/a-brief-history-of-13030/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>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>Fundamentalism in Asset Management</title>
		<link>http://allaboutalpha.com/blog/2007/01/17/fundamentalism-in-asset-management/</link>
		<comments>http://allaboutalpha.com/blog/2007/01/17/fundamentalism-in-asset-management/#comments</comments>
		<pubDate>Thu, 18 Jan 2007 03:04:37 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/01/17/fundamentalism-in-asset-management/</guid>
		<description><![CDATA[Despite their &#8220;high-flyer&#8221; status, FT.com reported today that several high profile UK asset managers have recently begun bailing out of long-only shops.  Reasons ranged from retirement to &#8220;spending more time with family&#8221;.  But as this article points out, many have been wooed by hedge fund companies.  Says FT.com:
&#8220;Immediately after retiring from CSAM, (Bill) Mott (a star Credit [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/01/17/fundamentalism-in-asset-management/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>2007: Year of Hedge/Mutual Fund Convergence?</title>
		<link>http://allaboutalpha.com/blog/2007/01/16/2007-year-of-hedgemutual-fund-convergence/</link>
		<comments>http://allaboutalpha.com/blog/2007/01/16/2007-year-of-hedgemutual-fund-convergence/#comments</comments>
		<pubDate>Wed, 17 Jan 2007 02:19:58 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/01/16/2007-year-of-hedgemutual-fund-convergence/</guid>
		<description><![CDATA[We&#8217;re only a few weeks into 2007 and there seems to be an inordinate amount of buzz about mutual funds that are able to pursue non-traditional (read: &#8220;hedge fund&#8221;) mandates.
This article by Murray Coleman of Dow Jones MarketWatch suggests the phenomenal growth of long/short mutual funds in 2006 will continue into &#8216;07.  Says Coleman:
&#8220;The amount of money [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/01/16/2007-year-of-hedgemutual-fund-convergence/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Portfolio Constraints and the Fundamental Law of Active Management</title>
		<link>http://allaboutalpha.com/blog/2006/10/15/portfolio-constraints-and-the-fundamental-law-of-active-management/</link>
		<comments>http://allaboutalpha.com/blog/2006/10/15/portfolio-constraints-and-the-fundamental-law-of-active-management/#comments</comments>
		<pubDate>Sun, 15 Oct 2006 20:15:44 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[130/30]]></category>
		<category><![CDATA[Dossier]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2417</guid>
		<description><![CDATA[By: Roger Clarke, Harindra de Silva &#38; Steven Thorley
Published: Journal of Investment Management, Third Quarter 2006
Abstract: The strategic perspectives and terminology of the fundamental law is a common framework in the practice of active portfolio management. For tractability, fundamental law theory depends on the simplifying assumption of a diagonal covariance matrix of security returns, though [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/10/15/portfolio-constraints-and-the-fundamental-law-of-active-management/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Performance Attribution and the Fundamental Law</title>
		<link>http://allaboutalpha.com/blog/2005/09/15/performance-attribution-and-the-fundamental-law/</link>
		<comments>http://allaboutalpha.com/blog/2005/09/15/performance-attribution-and-the-fundamental-law/#comments</comments>
		<pubDate>Thu, 15 Sep 2005 20:19:13 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[130/30]]></category>
		<category><![CDATA[Dossier]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2419</guid>
		<description><![CDATA[By: Roger Clarke, Harindra de Silva and Steven Thorley
Published: Financial Analysts Journal, September/October 2005
Abstract: The reported study operationalized the “fundamental law of active management” in the context of a factor-based performance attribution system. The system incorporates factor payoffs in the linear regression framework that many portfolio managers and external reviewers use to judge what is [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2005/09/15/performance-attribution-and-the-fundamental-law/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Toward More Information-Efficient Portfolios</title>
		<link>http://allaboutalpha.com/blog/2004/10/15/toward-more-information-efficient-portfolios/</link>
		<comments>http://allaboutalpha.com/blog/2004/10/15/toward-more-information-efficient-portfolios/#comments</comments>
		<pubDate>Fri, 15 Oct 2004 20:21:59 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[130/30]]></category>
		<category><![CDATA[Dossier]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2421</guid>
		<description><![CDATA[By: Roger Clark, Harindra de Silva, Steven Sapra
Published: Fall 2004, Journal of Portfolio Management
Abstract: In an environment of lower-than-normal systematic market returns, many investors are trying to improve their returns from active management. Some have turned to absolute return strategies to enhance portfolio returns. Market-neutral managers focus on the delivery of pure alpha by relaxing [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2004/10/15/toward-more-information-efficient-portfolios/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
