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	<title>AllAboutAlpha.com &#187; Search Results  &#187;  fama</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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			<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>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>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>Clifford Asness</title>
		<link>http://allaboutalpha.com/blog/2008/07/15/clifford-asness/</link>
		<comments>http://allaboutalpha.com/blog/2008/07/15/clifford-asness/#comments</comments>
		<pubDate>Tue, 15 Jul 2008 05:15:13 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hall of Fame]]></category>
		<category><![CDATA[Practitioners]]></category>
		<category><![CDATA[Who's Who]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2328</guid>
		<description><![CDATA[Clifford Asness
Co-founder, AQR Capital.  Was Managing Director and Director of Quantitative Research for the Asset Management Division at Goldman Sachs.  Ph.D. in Finance from the University of Chicago. Eugene Fama’s student and teaching assistant.
Applied Quantitative Research
Bio (AQR Capital)
Research (SSRN)

]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/07/15/clifford-asness/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>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>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>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>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>&#8220;Absolute return&#8221; elite from around globe meet at un-named event&#8230;</title>
		<link>http://allaboutalpha.com/blog/2007/10/16/absolute-return-elite-from-around-globe-meet-at-un-named-event/</link>
		<comments>http://allaboutalpha.com/blog/2007/10/16/absolute-return-elite-from-around-globe-meet-at-un-named-event/#comments</comments>
		<pubDate>Wed, 17 Oct 2007 03:46:16 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[EVENT]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/10/16/absolute-return-elite-from-around-globe-meet-at-un-named-event/</guid>
		<description><![CDATA[Alpha Male provides occasional entertainment to crowds who have come to see Nobel laureates Harry Markowitz and Myron Scholes and other luminaries at this "strictly no media" hedge fund gabfest in Boston.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/10/16/absolute-return-elite-from-around-globe-meet-at-un-named-event/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>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>Peter Bernstein&#8217;s Personal Hall of Fame</title>
		<link>http://allaboutalpha.com/blog/2007/06/03/peter-bernsteins-personal-hall-of-fame/</link>
		<comments>http://allaboutalpha.com/blog/2007/06/03/peter-bernsteins-personal-hall-of-fame/#comments</comments>
		<pubDate>Mon, 04 Jun 2007 00:45:04 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/06/03/peter-bernsteins-personal-hall-of-fame/</guid>
		<description><![CDATA[Peter Bernstein's new book "Capital Ideas Evolving" is built on a foundation of interviews with approximately 20 individuals that Bernstein feels represent the recent evolution of financial theory.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/06/03/peter-bernsteins-personal-hall-of-fame/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		</item>
		<item>
		<title>Capital Ideas Evolving</title>
		<link>http://allaboutalpha.com/blog/2007/05/14/capital-ideas-evolving/</link>
		<comments>http://allaboutalpha.com/blog/2007/05/14/capital-ideas-evolving/#comments</comments>
		<pubDate>Mon, 14 May 2007 22:39:25 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Recommended Books]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2248</guid>
		<description><![CDATA[Title: Capital Ideas Evolving
Author: Peter Bernstein
Published: May 2007
From Publisher: Follow-up to Bernstein’s landmark work, Capital Ideas (1992), which described the breakthrough financial theories of a small group of academics, including Paul Samuelson, Harry Markowitz, Bill Sharpe, Jack Treynor, Eugene Fama, Robert C. Merton, Fischer Black, and Myron Scholes. Their pioneering insights laid the intellectual groundwork [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/05/14/capital-ideas-evolving/feed/</wfw:commentRss>
		<slash:comments>0</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>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>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>Barclays PhD&#8217;s Build Hedge Fund Giant Inside No. 3 U.K. Bank</title>
		<link>http://allaboutalpha.com/blog/2007/01/05/barclays-phds-build-hedge-fund-giant-inside-no-3-uk-bank/</link>
		<comments>http://allaboutalpha.com/blog/2007/01/05/barclays-phds-build-hedge-fund-giant-inside-no-3-uk-bank/#comments</comments>
		<pubDate>Sat, 06 Jan 2007 01:44:13 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Institutional Investing]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/01/05/barclays-phds-build-hedge-fund-giant-inside-no-3-uk-bank/</guid>
		<description><![CDATA[By: Edward Robinson, Bloomberg News
Published: January 5, 2007
This article provides an interesting follow-up to a Barron&#8217;s piece in October on BGI&#8217;s &#8220;Triumph of the Nerds&#8221; that also discussed the Genesis of BGI &#8211; a team that included William Sharpe, Eugene Fama, Fischer Black, Myron Scholes, &#38; Barr Rosenberg.  Not since the movie &#8220;The Breakfast Club&#8221; have [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/01/05/barclays-phds-build-hedge-fund-giant-inside-no-3-uk-bank/feed/</wfw:commentRss>
		<slash:comments>0</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>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>Rethinking CAPM</title>
		<link>http://allaboutalpha.com/blog/2006/10/10/rethinking-capm/</link>
		<comments>http://allaboutalpha.com/blog/2006/10/10/rethinking-capm/#comments</comments>
		<pubDate>Wed, 11 Oct 2006 01:21:22 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2006/10/10/rethinking-capm/</guid>
		<description><![CDATA[By: Joel Chernoff, Pensions &#38; Investments
Published: October 2, 2006
This month, William Sharpe releases &#8220;CAPM v2.0&#8243; to the world in the form of a new book updating the much-heralded Capital Asset Pricing Model (Investors and Markets: Portfolio Choices, Asset Prices and Investment Advice) .  But before you throw-out CAPM v1.0, please note that v2.0 is only a patch [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/10/10/rethinking-capm/feed/</wfw:commentRss>
		<slash:comments>3</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>A Predictive Model for Event Driven Hedge Fund Returns</title>
		<link>http://allaboutalpha.com/blog/2005/12/29/a-predictive-model-for-event-driven-hedge-fund-returns/</link>
		<comments>http://allaboutalpha.com/blog/2005/12/29/a-predictive-model-for-event-driven-hedge-fund-returns/#comments</comments>
		<pubDate>Thu, 29 Dec 2005 21:47:14 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>
		<category><![CDATA[Dossier]]></category>
		<category><![CDATA[Posting Categories]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3782</guid>
		<description><![CDATA[By: Karin Soosova (University of Zurich)
Published: December 2005
Abstract: A major part of the growing literature on hedge funds focused on the study of risk and return characteristics compared to other asset classes, style analysis, several authors tried to find explanatory factors on a contemporareus basis. However, up to now there were few attempts to predict [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2005/12/29/a-predictive-model-for-event-driven-hedge-fund-returns/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hedge Fund Regulation in Europe</title>
		<link>http://allaboutalpha.com/blog/2005/11/02/hedge-fund-regulation-in-europe/</link>
		<comments>http://allaboutalpha.com/blog/2005/11/02/hedge-fund-regulation-in-europe/#comments</comments>
		<pubDate>Thu, 03 Nov 2005 03:18:17 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Dossier]]></category>
		<category><![CDATA[Hedge Fund Regulation]]></category>
		<category><![CDATA[Posting Categories]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3334</guid>
		<description><![CDATA[By: European Fund &#38; Asset Management Association
Published: November 2005
Abstract: In recent years, various European Union Member States have introduced specific regulations in relation to hedge funds, following the growing importance that this type of product is acquiring in the portfolios of domestic investors. The focus of legislative intervention usually falls upon structural aspects of funds [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2005/11/02/hedge-fund-regulation-in-europe/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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