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	<title>AllAboutAlpha.com &#187; Search Results  &#187;  fung</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>In departure from tradition, merger arb funds now seem to be hitching their wagons to the S&amp;P</title>
		<link>http://allaboutalpha.com/blog/2009/12/08/in-departure-from-tradition-merger-arb-funds-now-seem-to-be-hitching-their-wagons-to-the-sp/</link>
		<comments>http://allaboutalpha.com/blog/2009/12/08/in-departure-from-tradition-merger-arb-funds-now-seem-to-be-hitching-their-wagons-to-the-sp/#comments</comments>
		<pubDate>Wed, 09 Dec 2009 02:00:00 +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=7920</guid>
		<description><![CDATA[Merger Arbitrage has long been described as short put on the S&#038;P.  But the times may be a changin'...]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/12/08/in-departure-from-tradition-merger-arb-funds-now-seem-to-be-hitching-their-wagons-to-the-sp/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Recent performance of HF clones shows they &#8220;were attractive during the crises of 2008&#8243;</title>
		<link>http://allaboutalpha.com/blog/2009/09/09/recent-performance-of-hf-clones-shows-they-were-attractive-during-the-crises-of-2008/</link>
		<comments>http://allaboutalpha.com/blog/2009/09/09/recent-performance-of-hf-clones-shows-they-were-attractive-during-the-crises-of-2008/#comments</comments>
		<pubDate>Thu, 10 Sep 2009 00:00:38 +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=5960</guid>
		<description><![CDATA[During its recent hiatus from the front pages, hedge fund replication may have actually proven its mettle.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/09/09/recent-performance-of-hf-clones-shows-they-were-attractive-during-the-crises-of-2008/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Newsreel: &#8220;Subscription gates&#8221;, Darwin and free trade in hedge funds</title>
		<link>http://allaboutalpha.com/blog/2009/06/21/newsreel-subscription-gates-darwin-and-free-trade-in-hedge-funds/</link>
		<comments>http://allaboutalpha.com/blog/2009/06/21/newsreel-subscription-gates-darwin-and-free-trade-in-hedge-funds/#comments</comments>
		<pubDate>Mon, 22 Jun 2009 01:01:21 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[AAA Newsreels]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4899</guid>
		<description><![CDATA[
We&#8217;re in Chicago this week for the Managed Funds Association&#8217;s Forum 2009.  More on that later.  But for now, here is a compilation of some stories that caught our eye last week&#8230;
Gates designed to keep investors out, not in
It was bound to happen.  Reuters reports that:
&#8220;A small number of top hedge funds are once more [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/06/21/newsreel-subscription-gates-darwin-and-free-trade-in-hedge-funds/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Did Any &#8216;Real&#8217; Top Hedge Funds Survive the Sub-Prime Crisis?</title>
		<link>http://allaboutalpha.com/blog/2009/04/30/did-any-real-top-hedge-funds-survive-the-sub-prime-crisis/</link>
		<comments>http://allaboutalpha.com/blog/2009/04/30/did-any-real-top-hedge-funds-survive-the-sub-prime-crisis/#comments</comments>
		<pubDate>Thu, 30 Apr 2009 19:19:05 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Dossier]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4990</guid>
		<description><![CDATA[By: Stephane M. Yen (Graduate Institute of Finance, National Cheng Kung University) &#38; Ying-Lin Hsu
Published: April 2009
Abstract:  Controlling for the data-snooping bias, this study aims to identify all outperformers for periods prior to the outbreak of the sub-prime mortgage crisis and to test if any of these in-sample ‘real’ top hedge funds survived this [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/04/30/did-any-real-top-hedge-funds-survive-the-sub-prime-crisis/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Incubation bias: Not just a hedge fund issue according to two law professors</title>
		<link>http://allaboutalpha.com/blog/2009/04/08/incubation-bias-not-just-a-hedge-fund-issue-according-to-two-law-professors/</link>
		<comments>http://allaboutalpha.com/blog/2009/04/08/incubation-bias-not-just-a-hedge-fund-issue-according-to-two-law-professors/#comments</comments>
		<pubDate>Thu, 09 Apr 2009 00:40:50 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Performance, Analytics & Metrics]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4421</guid>
		<description><![CDATA[Academics and hedge fund investors often complain about an "incubation bias" in hedge fund data bases since reporting is voluntary (i.e., hedge fund managers will only report returns if they are good).  But according to two law professors, mutual funds have been doing the same for years.  And they say the SEC should do something about it.  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/04/08/incubation-bias-not-just-a-hedge-fund-issue-according-to-two-law-professors/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Academic study breaks with pack on one of the most common assumptions about hedge fund returns</title>
		<link>http://allaboutalpha.com/blog/2009/03/09/academic-study-breaks-with-pack-on-one-of-the-most-common-assumptions-about-hedge-fund-returns/</link>
		<comments>http://allaboutalpha.com/blog/2009/03/09/academic-study-breaks-with-pack-on-one-of-the-most-common-assumptions-about-hedge-fund-returns/#comments</comments>
		<pubDate>Tue, 10 Mar 2009 01:23:05 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Performance, Analytics & Metrics]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4321</guid>
		<description><![CDATA[A new academic paper questions the popular assumption that hedge funds are really just option-writers in drag.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/03/09/academic-study-breaks-with-pack-on-one-of-the-most-common-assumptions-about-hedge-fund-returns/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Share Restrictions, Risk Taking and Hedge Fund Performance</title>
		<link>http://allaboutalpha.com/blog/2009/01/14/share-restrictions-risk-taking-and-hedge-fund-performance/</link>
		<comments>http://allaboutalpha.com/blog/2009/01/14/share-restrictions-risk-taking-and-hedge-fund-performance/#comments</comments>
		<pubDate>Thu, 15 Jan 2009 00:17:08 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Dossier]]></category>
		<category><![CDATA[Performance, Analytics & Metrics]]></category>
		<category><![CDATA[Posting Categories]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=4205</guid>
		<description><![CDATA[By: Juha Joenväärä and Pekka Tolonen (University of Oulu) 
Published: January 2009
Abstract: This paper examines the impact of share restrictions on the risk-taking and on the performance of hedge funds using the Hedge Fund Research (HFR) database. Share restrictions, in the form of longer lockup as well as notice and redemption periods, provide flexibility for [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/01/14/share-restrictions-risk-taking-and-hedge-fund-performance/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>That&#8217;s quite a &#8220;distinctive&#8221; strategy&#8230;</title>
		<link>http://allaboutalpha.com/blog/2008/09/02/thats-quite-a-distinctive-strategy/</link>
		<comments>http://allaboutalpha.com/blog/2008/09/02/thats-quite-a-distinctive-strategy/#comments</comments>
		<pubDate>Wed, 03 Sep 2008 01:00:45 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Performance, Analytics & Metrics]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3292</guid>
		<description><![CDATA[A new study finds that "distinctive" hedge funds outperform in the long run.  Can you guess which strategies have the most "distinctive" funds?]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/09/02/thats-quite-a-distinctive-strategy/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Geography of Hedge Funds</title>
		<link>http://allaboutalpha.com/blog/2008/08/21/the-geography-of-hedge-funds/</link>
		<comments>http://allaboutalpha.com/blog/2008/08/21/the-geography-of-hedge-funds/#comments</comments>
		<pubDate>Thu, 21 Aug 2008 16:50:47 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Dossier]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2899</guid>
		<description><![CDATA[By: Melvyn Teo
Published: August 2008
Abstract: This paper analyzes the relationship between the risk-adjusted performance of hedge funds and their proximity to investments using data on Asian-focused hedge funds. We find, relative to an augmented Fung and Hsieh (2004) factor model, that hedge funds with a physical presence (head or research office) in their investment region [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/08/21/the-geography-of-hedge-funds/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Geography of Hedge Funds</title>
		<link>http://allaboutalpha.com/blog/2008/08/01/the-geography-of-hedge-funds-2/</link>
		<comments>http://allaboutalpha.com/blog/2008/08/01/the-geography-of-hedge-funds-2/#comments</comments>
		<pubDate>Fri, 01 Aug 2008 20:31:31 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Dossier]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Posting Categories]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3838</guid>
		<description><![CDATA[By: Melvyn Teo (Singapore Management University)
Published: August 2008
Abstract: This paper analyzes the relationship between the risk-adjusted performance of hedge funds and their proximity to investments using data on Asian-focused hedge funds. We find, relative to an augmented Fung and Hsieh (2004) factor model, that hedge funds with a physical presence (head or research office) in [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/08/01/the-geography-of-hedge-funds-2/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bill Fung</title>
		<link>http://allaboutalpha.com/blog/2008/07/15/bill-fung/</link>
		<comments>http://allaboutalpha.com/blog/2008/07/15/bill-fung/#comments</comments>
		<pubDate>Tue, 15 Jul 2008 04:50:59 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>
		<category><![CDATA[Hall of Fame]]></category>
		<category><![CDATA[Hedge Fund Researchers]]></category>
		<category><![CDATA[Who's Who]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2312</guid>
		<description><![CDATA[Bill Fung
Visiting Research Professor at the Centre for Hedge Fund Research and Education, London Business School. Serves on the board of  financial services companies in Europe and North America and is currently Chairman of the Board of Directors of the Maple Financial Group, Canada.
Homepage/Contact Information (LBS)
Research (SSRN)
BNP Paribas Hedge Fund Centre
Relevant Postings (AllAboutAlpha.com)
]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/07/15/bill-fung/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New surveys on August quant meltdown: Investors have learned a lesson.  But have managers?</title>
		<link>http://allaboutalpha.com/blog/2008/05/28/new-surveys-on-august-quant-meltdown-investors-have-learned-a-lesson-but-have-managers/</link>
		<comments>http://allaboutalpha.com/blog/2008/05/28/new-surveys-on-august-quant-meltdown-investors-have-learned-a-lesson-but-have-managers/#comments</comments>
		<pubDate>Thu, 29 May 2008 01:50:23 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/05/28/new-surveys-on-august-quant-meltdown-investors-have-learned-a-lesson-but-have-managers/</guid>
		<description><![CDATA[A survey finds managers believe the quant sector will continue to be dominated by a few large players - even though such concentration led to mayhem last year.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/05/28/new-surveys-on-august-quant-meltdown-investors-have-learned-a-lesson-but-have-managers/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Chalk another one up for the Transatlantic Trio</title>
		<link>http://allaboutalpha.com/blog/2008/03/19/chalk-another-one-up-for-the-transatlantic-trio/</link>
		<comments>http://allaboutalpha.com/blog/2008/03/19/chalk-another-one-up-for-the-transatlantic-trio/#comments</comments>
		<pubDate>Wed, 19 Mar 2008 23:29:08 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/03/19/chalk-another-one-up-for-the-transatlantic-trio/</guid>
		<description><![CDATA[State Street's recent win of a $200 million hedge fund replication mandate is notable both due to its size and due to its intellectual inspiration.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/03/19/chalk-another-one-up-for-the-transatlantic-trio/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Alpha-centric Newsreel</title>
		<link>http://allaboutalpha.com/blog/2008/03/14/alpha-centric-newsreel/</link>
		<comments>http://allaboutalpha.com/blog/2008/03/14/alpha-centric-newsreel/#comments</comments>
		<pubDate>Fri, 14 Mar 2008 21:23:52 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[130/30]]></category>
		<category><![CDATA[AAA Newsreels]]></category>
		<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Performance, Analytics & Metrics]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/03/14/alpha-centric-newsreel/</guid>
		<description><![CDATA[Here is a sample of the news stories we didn&#8217;t get a chance to explore in detail this week.  As usual, all of them can be found on the Alpha-ticker above or in the news items section of AllAboutAlpha.com (free registration may be required for a few of these).
Morgan Stanley says Alpha/Beta Separation &#8220;the way [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/03/14/alpha-centric-newsreel/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Oh, to be a fly-on-the-wall at the recent HF replication conference.</title>
		<link>http://allaboutalpha.com/blog/2008/03/11/oh-to-be-a-fly-on-the-wall-at-the-recent-hf-replication-conference-wait/</link>
		<comments>http://allaboutalpha.com/blog/2008/03/11/oh-to-be-a-fly-on-the-wall-at-the-recent-hf-replication-conference-wait/#comments</comments>
		<pubDate>Wed, 12 Mar 2008 02:00:29 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/03/11/oh-to-be-a-fly-on-the-wall-at-the-recent-hf-replication-conference-wait/</guid>
		<description><![CDATA[Our intrepid "fly on the wall" buzzed into London for a major conference on hedge fund replication.  He reports from his fly-sized Blackberry.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/03/11/oh-to-be-a-fly-on-the-wall-at-the-recent-hf-replication-conference-wait/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>This week&#8217;s Economist successfully nails blancmange to the wall</title>
		<link>http://allaboutalpha.com/blog/2008/02/17/this-weeks-economist-successfully-nails-blancmange-to-the-wall/</link>
		<comments>http://allaboutalpha.com/blog/2008/02/17/this-weeks-economist-successfully-nails-blancmange-to-the-wall/#comments</comments>
		<pubDate>Mon, 18 Feb 2008 02:04:24 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/02/17/this-weeks-economist-successfully-nails-blancmange-to-the-wall/</guid>
		<description><![CDATA[A great piece in this week's Economist echoes many of the themes at which we've been hammering away for the past year.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/02/17/this-weeks-economist-successfully-nails-blancmange-to-the-wall/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Alpha, once beatified, now &#8220;beta-fied&#8221;</title>
		<link>http://allaboutalpha.com/blog/2007/10/29/alpha-once-beatified-now-beta-fied/</link>
		<comments>http://allaboutalpha.com/blog/2007/10/29/alpha-once-beatified-now-beta-fied/#comments</comments>
		<pubDate>Tue, 30 Oct 2007 01:46:10 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/10/29/alpha-once-beatified-now-beta-fied/</guid>
		<description><![CDATA[Hedge funds have traditionally eked out a living by exploiting market inefficiencies to deliver alpha.  But it seems that hedge funds have now also become an important source of "alternative beta".  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/10/29/alpha-once-beatified-now-beta-fied/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Paying Tribute to the Clones</title>
		<link>http://allaboutalpha.com/blog/2007/10/23/paying-tribute-to-the-clones/</link>
		<comments>http://allaboutalpha.com/blog/2007/10/23/paying-tribute-to-the-clones/#comments</comments>
		<pubDate>Wed, 24 Oct 2007 02:38:17 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/10/23/paying-tribute-to-the-clones/</guid>
		<description><![CDATA[France's Edhec business school published a succinct summary of hedge fund replication offerings last week.  It's well worth the read - especially if you're a Jedi knight.  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/10/23/paying-tribute-to-the-clones/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Final dispatch from un-named hedge fund gathering in Boston</title>
		<link>http://allaboutalpha.com/blog/2007/10/21/final-dispatch-from-un-named-hedge-fund-gathering-in-boston/</link>
		<comments>http://allaboutalpha.com/blog/2007/10/21/final-dispatch-from-un-named-hedge-fund-gathering-in-boston/#comments</comments>
		<pubDate>Mon, 22 Oct 2007 04:27:58 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[EVENT]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/10/21/final-dispatch-from-un-named-hedge-fund-gathering-in-boston/</guid>
		<description><![CDATA[We conclude our coverage of this "no media" hedge fund conference in Boston with: post-Beijing distress, the "Flying Dutchman" and one half of the "Gilbert and Sullivan" of hedge fund research.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/10/21/final-dispatch-from-un-named-hedge-fund-gathering-in-boston/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Perms are back in (Euro)Hedgistan</title>
		<link>http://allaboutalpha.com/blog/2007/10/16/perms-are-back-in-hedgistan/</link>
		<comments>http://allaboutalpha.com/blog/2007/10/16/perms-are-back-in-hedgistan/#comments</comments>
		<pubDate>Wed, 17 Oct 2007 03:45:53 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/10/16/perms-are-back-in-hedgistan/</guid>
		<description><![CDATA["Permanent capital" is the ultimate dream of any investment manager.  Now hedge funds are doing something about it.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/10/16/perms-are-back-in-hedgistan/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Alternative Viewpoints: Being like Jesse James</title>
		<link>http://allaboutalpha.com/blog/2007/09/30/alternative-viewpoints-being-like-jesse-james/</link>
		<comments>http://allaboutalpha.com/blog/2007/09/30/alternative-viewpoints-being-like-jesse-james/#comments</comments>
		<pubDate>Mon, 01 Oct 2007 01:46:36 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>
		<category><![CDATA[CAIA Alternative Viewpoints Columns]]></category>
		<category><![CDATA[Guest Posts]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/09/30/alternative-viewpoints-being-like-jesse-james/</guid>
		<description><![CDATA[CAIA Association member, Ryan Teal, says hedge funds ought to take inspiration from Jesse James when addressing hedge fund replication, "Do you want to be LIKE me?  Or do you want to BE me?"]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/09/30/alternative-viewpoints-being-like-jesse-james/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hedge fund replicas did their job in August, unfortunately</title>
		<link>http://allaboutalpha.com/blog/2007/09/28/hedge-fund-replicas-did-their-job-in-august-unfortunately/</link>
		<comments>http://allaboutalpha.com/blog/2007/09/28/hedge-fund-replicas-did-their-job-in-august-unfortunately/#comments</comments>
		<pubDate>Fri, 28 Sep 2007 10:40:29 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/09/28/hedge-fund-replicas-did-their-job-in-august-unfortunately/</guid>
		<description><![CDATA[Professor Bill Fung presented some interesting charts in Geneva showing the performance of various hedge fund replication strategies during the tumultuous summer months.
Unfortunately, it looks like hedge fund replicators replicated August pretty well.  Here is the game tape:

But what&#8217;s particularly striking about this performance graph, aside from the drawdown, is the dispersion between replication strategies in [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/09/28/hedge-fund-replicas-did-their-job-in-august-unfortunately/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hedge Fund Replication: Day One Re-cap</title>
		<link>http://allaboutalpha.com/blog/2007/09/26/hedge-fund-replication-day-one-re-cap/</link>
		<comments>http://allaboutalpha.com/blog/2007/09/26/hedge-fund-replication-day-one-re-cap/#comments</comments>
		<pubDate>Wed, 26 Sep 2007 07:22:24 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/09/26/hedge-fund-replication-day-one-re-cap/</guid>
		<description><![CDATA[Day 1 of the Hedge Fund Replication &#038; Alternative Beta conference in Geneva was a rip-roaring juggernaut of financial excitement.  If you missed it, we've got all the gory details... ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/09/26/hedge-fund-replication-day-one-re-cap/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Heard by the waters of Lake Geneva</title>
		<link>http://allaboutalpha.com/blog/2007/09/25/heard-by-the-waters-of-lake-geneva/</link>
		<comments>http://allaboutalpha.com/blog/2007/09/25/heard-by-the-waters-of-lake-geneva/#comments</comments>
		<pubDate>Tue, 25 Sep 2007 09:10:55 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/09/25/heard-by-the-waters-of-lake-geneva/</guid>
		<description><![CDATA[Heard on the floor at Terrapinn&#8217;s &#8220;Hedge Fund Replication &#38; Alternative Beta&#8221; conference in Geneva so far today&#8230; 
&#8220;His trading process may be &#8220;naive&#8221;, but his fees sure aren&#8217;t!&#8221;
- Professor Harry Kat on the hedge fund replication strategy pursued by another well-known firm.
&#8220;The asset information submitted to any of the databases is absolutely useless.  How many [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/09/25/heard-by-the-waters-of-lake-geneva/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Fung &amp; Hsieh: Someone definitely yelled &#8220;Fire!&#8221; in the theater.  The question is: what movie were they watching?</title>
		<link>http://allaboutalpha.com/blog/2007/08/20/fung-hsieh-someone-definitely-yelled-fire-in-the-theater-the-question-is-what-movie-were-they-watching/</link>
		<comments>http://allaboutalpha.com/blog/2007/08/20/fung-hsieh-someone-definitely-yelled-fire-in-the-theater-the-question-is-what-movie-were-they-watching/#comments</comments>
		<pubDate>Tue, 21 Aug 2007 01:00:46 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/08/20/fung-hsieh-someone-definitely-yelled-fire-in-the-theater-the-question-is-what-movie-were-they-watching/</guid>
		<description><![CDATA[Anecdotal evidence suggests quant funds were all sitting together when pandemonium recently broke out.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/08/20/fung-hsieh-someone-definitely-yelled-fire-in-the-theater-the-question-is-what-movie-were-they-watching/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>AllAboutAlpha.com partners with global HF conference firm on new 130/30 survey</title>
		<link>http://allaboutalpha.com/blog/2007/08/15/allaboutalphacom-partners-with-global-hf-conference-firm-on-new-13030-survey/</link>
		<comments>http://allaboutalpha.com/blog/2007/08/15/allaboutalphacom-partners-with-global-hf-conference-firm-on-new-13030-survey/#comments</comments>
		<pubDate>Wed, 15 Aug 2007 13:28:27 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[130/30]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/08/15/allaboutalphacom-partners-with-global-hf-conference-firm-on-new-13030-survey/</guid>
		<description><![CDATA[Visitors to our Events Section may have noticed that many of the world&#8217;s leading conferences on portable alpha, 130/30 and hedge fund replication are organized by Terrapinn or one of its subsidiaries.  Terrapinn&#8217;s events in this area have featured industry leaders such as Harry Kat, Bill Fung, David Hsieh, Rob Arnott, Thomas Schneeweis, Nassim Taleb, Laurence Seigel, Paul [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/08/15/allaboutalphacom-partners-with-global-hf-conference-firm-on-new-13030-survey/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Gone Fishing</title>
		<link>http://allaboutalpha.com/blog/2007/07/04/gone-fishing/</link>
		<comments>http://allaboutalpha.com/blog/2007/07/04/gone-fishing/#comments</comments>
		<pubDate>Wed, 04 Jul 2007 05:01:59 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Today's Post]]></category>

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

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/06/27/new-edhec-hf-replication-research-in-limited-release-today/</guid>
		<description><![CDATA[Edhec Risk and Asset Management Research Centre released its latest research into hedge fund replication techniques today at a seminar in London.  Its verdict: "attractive" but "unsatisfying".      ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/06/27/new-edhec-hf-replication-research-in-limited-release-today/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>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>Kat Launches New Broadside on Hedge Fund Replicators</title>
		<link>http://allaboutalpha.com/blog/2007/04/30/kat-launches-new-broadside-on-hedge-fund-replicators/</link>
		<comments>http://allaboutalpha.com/blog/2007/04/30/kat-launches-new-broadside-on-hedge-fund-replicators/#comments</comments>
		<pubDate>Tue, 01 May 2007 00:31:03 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/04/30/kat-launches-new-broadside-on-hedge-fund-replicators/</guid>
		<description><![CDATA[Professor Harry Kat of the Cass Business School at City University, London, has been a thorn in the side of the hedge fund industry for several years now.  And today (April 30), he released his latest attack on the sector, reserving his sharpest barbs for the hedge fund replicators themselves.  In fact, he concludes his [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/04/30/kat-launches-new-broadside-on-hedge-fund-replicators/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Business Week hedge fund story is so &#8220;2005&#8243;</title>
		<link>http://allaboutalpha.com/blog/2007/04/26/business-week-hedge-fund-story-is-so-2005/</link>
		<comments>http://allaboutalpha.com/blog/2007/04/26/business-week-hedge-fund-story-is-so-2005/#comments</comments>
		<pubDate>Thu, 26 Apr 2007 23:10:02 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Investment Management Fees]]></category>
		<category><![CDATA[Media Coverage of Hedge Funds]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/04/26/business-week-hedge-fund-story-is-so-2005/</guid>
		<description><![CDATA[Alpha Male takes issue with Business Week's apples to oranges comparison of hedge fund and long-only fees.  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/04/26/business-week-hedge-fund-story-is-so-2005/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Why hedge fund replication might be giving you a deja vu</title>
		<link>http://allaboutalpha.com/blog/2007/04/24/why-hedge-fund-replication-might-be-giving-you-a-deja-vu/</link>
		<comments>http://allaboutalpha.com/blog/2007/04/24/why-hedge-fund-replication-might-be-giving-you-a-deja-vu/#comments</comments>
		<pubDate>Tue, 24 Apr 2007 23:35:31 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/04/24/why-hedge-fund-replication-might-be-giving-you-a-deja-vu/</guid>
		<description><![CDATA[Bill Fung and David Hsieh write in the Banque de France's bi-monthly "Financial Stability Review" that hedge fund replication should eventually reduce hedge fund management fees.     ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/04/24/why-hedge-fund-replication-might-be-giving-you-a-deja-vu/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Hedge Funds: Myths &amp; Facts</title>
		<link>http://allaboutalpha.com/blog/2007/04/22/hedge-funds-myths-facts/</link>
		<comments>http://allaboutalpha.com/blog/2007/04/22/hedge-funds-myths-facts/#comments</comments>
		<pubDate>Mon, 23 Apr 2007 01:14:44 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/04/22/hedge-funds-myths-facts/</guid>
		<description><![CDATA[Ed Easterling, author and adjunct faculty at Southern Methodist Universityâ€™s Cox School of Business writes a handy paper on "hedge fund myths".  A must read for those seeking balance in hedge fund reporting.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/04/22/hedge-funds-myths-facts/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Hedge fund replication strategies: implications for investors and regulators</title>
		<link>http://allaboutalpha.com/blog/2007/04/15/hedge-fund-replication-strategies-implications-for-investors-and-regulators/</link>
		<comments>http://allaboutalpha.com/blog/2007/04/15/hedge-fund-replication-strategies-implications-for-investors-and-regulators/#comments</comments>
		<pubDate>Sun, 15 Apr 2007 17:45:08 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>
		<category><![CDATA[Dossier]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2352</guid>
		<description><![CDATA[By: William Fung, David Hsieh
Published: April 2007 (Banque de France)
Abstract: Over the past decade, academic research has identified a number of replication strategies capable of capturing between 40% to 80% of the average return of many popular hedge fund strategies. Investors are beginning to take notice of these replication strategies, especially because of their rule [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/04/15/hedge-fund-replication-strategies-implications-for-investors-and-regulators/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>EDHEC Presents Much-Anticipated Hedge Fund Replication Study in Geneva</title>
		<link>http://allaboutalpha.com/blog/2007/03/13/edhec-presents-much-anticipated-hedge-fund-replication-study-in-geneva/</link>
		<comments>http://allaboutalpha.com/blog/2007/03/13/edhec-presents-much-anticipated-hedge-fund-replication-study-in-geneva/#comments</comments>
		<pubDate>Wed, 14 Mar 2007 02:20:18 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/03/13/edhec-presents-much-anticipated-hedge-fund-replication-study-in-geneva/</guid>
		<description><![CDATA[Hedge Fund Replication: Old theory, new interest, inconclusive results
Consultant and journalist Pierre Saint-Laurent* continues his coverage of EDHEC&#8217;s Asset Management Days in Geneva this week for All About Alpha.  On Tuesday, he attended a much anticipated presentation on hedge fund replication featuring researchers NoÃ«l Amenc, Jean-Christophe Meyfredi, FranÃ§ois-Serge Lhabitant and Walter GÃ©hin.  Other industry leaders** joined [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/03/13/edhec-presents-much-anticipated-hedge-fund-replication-study-in-geneva/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Investing in Hedge Funds when Returns are Predictable</title>
		<link>http://allaboutalpha.com/blog/2007/03/03/investing-in-hedge-funds-when-returns-are-predictable/</link>
		<comments>http://allaboutalpha.com/blog/2007/03/03/investing-in-hedge-funds-when-returns-are-predictable/#comments</comments>
		<pubDate>Sat, 03 Mar 2007 18:09:19 +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=4019</guid>
		<description><![CDATA[By: Doron Avramov (University of Maryland) Robert Kosowski (Imperial College London), Narayan Y. Naik (London Business School) and Melvyn Teo (Singapore Management University)
Published: March 2007
Abstract: This paper evaluates hedge fund performance through portfolio strategies that incorporate predictability in managerial skills, fund risk loadings, and benchmark returns. Incorporating predictability substantially improves performance for the entire universe [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/03/03/investing-in-hedge-funds-when-returns-are-predictable/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>&#8220;Accidental Alpha&#8221;</title>
		<link>http://allaboutalpha.com/blog/2007/03/01/accidental-alpha/</link>
		<comments>http://allaboutalpha.com/blog/2007/03/01/accidental-alpha/#comments</comments>
		<pubDate>Fri, 02 Mar 2007 00:04:03 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/03/01/accidental-alpha/</guid>
		<description><![CDATA[Will hedge funds regress towards index-like products?
By: William Fung, London Business School &#38; David Hsieh, Duke University
Published: January 2007
Will hedge funds succumb to the same fate as large chunks of the mutual fund industry: commoditization through ETFs and index funds?  Merrill Lynch seemed to think so last October.  And now, so do academics William Fung and David Hsieh.  [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/03/01/accidental-alpha/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Hedge fund databases capture 61% more funds than last year</title>
		<link>http://allaboutalpha.com/blog/2007/02/26/hedge-fund-databases-capture-61-more-funds-than-last-year/</link>
		<comments>http://allaboutalpha.com/blog/2007/02/26/hedge-fund-databases-capture-61-more-funds-than-last-year/#comments</comments>
		<pubDate>Tue, 27 Feb 2007 02:46:16 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/02/26/hedge-fund-databases-capture-61-more-funds-than-last-year/</guid>
		<description><![CDATA[An update to a story we carried last week on hedge fund databases&#8230;.
Hedge fund analytics company PerTrac released the results of their 2006 survey of hedge fund databases today.  Apparently the world&#8217;s hedge fund database providers have surveyed a lot of hedge funds over the past year.  PerTrac recorded a massive 61% jump in the number [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/02/26/hedge-fund-databases-capture-61-more-funds-than-last-year/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Atlanta Fed Q4 Economic Review: Focus on Hedge Funds</title>
		<link>http://allaboutalpha.com/blog/2007/02/22/atlanta-fed-q4-economic-review-focus-on-hedge-funds/</link>
		<comments>http://allaboutalpha.com/blog/2007/02/22/atlanta-fed-q4-economic-review-focus-on-hedge-funds/#comments</comments>
		<pubDate>Thu, 22 Feb 2007 23:13:23 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/02/22/atlanta-fed-q4-economic-review-focus-on-hedge-funds/</guid>
		<description><![CDATA[As we discussed yesterday, the Atlanta Fed dedicated its Q4 &#8216;06 Economic Review to hedge funds, featuring lengthy articles from Fung &#038; Hsieh, Andrew Lo and fellow academics from Columbia, UMass, &#038; UC San Diego.  The articles were based on presentations given by these luminaries at the Atlanta Fed&#8217;s scary-sounding May &#8216;06 conference &#8221;Hedge Funds: Creators of Risk?&#8221;.
There are over a [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/02/22/atlanta-fed-q4-economic-review-focus-on-hedge-funds/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Only 3% of Hedge Funds in All Five Major Databases</title>
		<link>http://allaboutalpha.com/blog/2007/02/21/only-3-of-hedge-funds-in-all-five-major-databases/</link>
		<comments>http://allaboutalpha.com/blog/2007/02/21/only-3-of-hedge-funds-in-all-five-major-databases/#comments</comments>
		<pubDate>Thu, 22 Feb 2007 01:41:35 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/02/21/only-3-of-hedge-funds-in-all-five-major-databases/</guid>
		<description><![CDATA[Professor Bill Fung, Visiting Professor at the London Business School tipped us off about this fascinating graphic last week.  It&#8217;s almost 2 years old now, but its message likely remains as relevant as ever: there is no one reliable snapshot of the hedge fund universe. According to research done at London Business School, only 3% [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/02/21/only-3-of-hedge-funds-in-all-five-major-databases/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Hedge Fund Replication: Thoughts from the &quot;Engine Room&quot;</title>
		<link>http://allaboutalpha.com/blog/2007/02/20/hedge-fund-replication-thoughts-from-the-engine-room/</link>
		<comments>http://allaboutalpha.com/blog/2007/02/20/hedge-fund-replication-thoughts-from-the-engine-room/#comments</comments>
		<pubDate>Wed, 21 Feb 2007 01:47:23 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/02/20/hedge-fund-replication-thoughts-from-the-engine-room/</guid>
		<description><![CDATA[A senior executive with a multi-billion dollar hedge fund firm writes us with reflections on last week&#8217;s &#8220;Hedge Fund Replication and Alternative Beta&#8221; conference in London.
Dear (Alpha Male), 
&#8230;a few thoughts regarding the wonderful world of replication:
1) Just what is being replicated? My understanding &#8211; limited so far &#8211; is that Fung, Hsieh, Kat, et [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/02/20/hedge-fund-replication-thoughts-from-the-engine-room/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Movie Stars, Super Models, and Alternative Beta</title>
		<link>http://allaboutalpha.com/blog/2007/02/12/movie-stars-super-models-and-alternative-beta/</link>
		<comments>http://allaboutalpha.com/blog/2007/02/12/movie-stars-super-models-and-alternative-beta/#comments</comments>
		<pubDate>Tue, 13 Feb 2007 02:23:01 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/02/12/movie-stars-super-models-and-alternative-beta/</guid>
		<description><![CDATA[The worlds of filmmaking, fashion and finance converge on London this week. Dame Helen Mirren was crowned queen of the world at last night&#8217;s BAFTA awards (Britain&#8217;s Oscars), London Fashion Week has flooded this city with (highly controversial) size-zero models, and Professor Bill Fung presides over IRC&#8217;s Hedge Fund Replication and Alternative Beta conference today. Only [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/02/12/movie-stars-super-models-and-alternative-beta/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Alternative Beta Conference Notebook</title>
		<link>http://allaboutalpha.com/blog/2007/02/12/alternative-beta-conference-notebook/</link>
		<comments>http://allaboutalpha.com/blog/2007/02/12/alternative-beta-conference-notebook/#comments</comments>
		<pubDate>Tue, 13 Feb 2007 02:20:27 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/02/12/alternative-beta-conference-notebook/</guid>
		<description><![CDATA[ART, meet ABI&#8230;
Picking up on Goldman Sach&#8217;s Absolute Return Tracker and Merrill Lynch&#8217;s Equity Volatility Arbitrage Index, JPMorgan is now in the hedge fund replication game.
Their new Alternative Beta Index now adds ABI to ART and &#8220;EVAI&#8221; in the hedge fund replication lexicon. The product was developed with the help of Duke&#8217;s David Hsieh and [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/02/12/alternative-beta-conference-notebook/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bill Fung&#8217;s Alpha/Beta Slides from Last Year&#8217;s GAIM Conference</title>
		<link>http://allaboutalpha.com/blog/2007/01/21/bill-fungs-alphabeta-slides-from-last-years-gaim-conference/</link>
		<comments>http://allaboutalpha.com/blog/2007/01/21/bill-fungs-alphabeta-slides-from-last-years-gaim-conference/#comments</comments>
		<pubDate>Mon, 22 Jan 2007 02:55:20 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/01/21/bill-fungs-alphabeta-slides-from-last-years-gaim-conference/</guid>
		<description><![CDATA[While some of you get ready for a week of &#8221;hard work&#8221; in Boca Raton at the 2007 GAIM USA Conference, those of you staying put might be interested in reading Professor Bill Fung&#8217;s slides from last years event (entitled &#8220;The Search for Alpha&#8220;).  Naturally, they don&#8217;t make a ton of sense without his commentary, so you might also [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/01/21/bill-fungs-alphabeta-slides-from-last-years-gaim-conference/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>EVENT: London Business School&#8217;s Annual Hedge Fund Programme</title>
		<link>http://allaboutalpha.com/blog/2007/01/18/event-london-business-schools-annual-hedge-fund-programme/</link>
		<comments>http://allaboutalpha.com/blog/2007/01/18/event-london-business-schools-annual-hedge-fund-programme/#comments</comments>
		<pubDate>Fri, 19 Jan 2007 03:44:21 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/01/18/event-london-business-schools-annual-hedge-fund-programme/</guid>
		<description><![CDATA[Date: March 12-14, 2007
Location: London
Organized by: London Business School (co-sponsored by the CFA Institute)
Apparently this event is designed for those already quite familiar with hedge funds.  According to the LBS website:
&#8220;&#8230;the programme seeks to explain why hedge funds have been so attractive in recent years and contemplates whether this performance is sustainable. 
&#8220;Beginning with an overview [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/01/18/event-london-business-schools-annual-hedge-fund-programme/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Will Hedge Funds Regress Toward Index-Like Products?</title>
		<link>http://allaboutalpha.com/blog/2007/01/15/will-hedge-funds-regress-toward-index-like-products/</link>
		<comments>http://allaboutalpha.com/blog/2007/01/15/will-hedge-funds-regress-toward-index-like-products/#comments</comments>
		<pubDate>Mon, 15 Jan 2007 17:52:27 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>
		<category><![CDATA[Dossier]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2356</guid>
		<description><![CDATA[By: William Fung, David Hsieh
Published: January 2007
Abstract: Hedge funds have grown substantially in the past few years. According to estimates by Tremont Capital Management (2006), the industry&#8217;s assets under management increased from just over $200b in 2000 to over $800b by the end of 2005. Along with the rapid inflow of capital, hedge fund performance [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/01/15/will-hedge-funds-regress-toward-index-like-products/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>Hedge Funds: Performance, Risk and Capital Formation</title>
		<link>http://allaboutalpha.com/blog/2006/11/03/hedge-funds-performance-risk-and-capital-formation/</link>
		<comments>http://allaboutalpha.com/blog/2006/11/03/hedge-funds-performance-risk-and-capital-formation/#comments</comments>
		<pubDate>Fri, 03 Nov 2006 03:28:57 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2006/11/03/hedge-funds-performance-risk-and-capital-formation/</guid>
		<description><![CDATA[By: Wiliam Fung, London Business School; David Hsieh, Duke University; Narayan Y. Naik, London Business School; Tarun Ramadorai, University of Oxford
Published: July 16, 2006
      
This paper analyses funds of hedge funds and has been widely circulated due to its conclusion that hedge fund alpha is shrinking.  But it also contains a number of other important observations.
For [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/11/03/hedge-funds-performance-risk-and-capital-formation/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>EVENT: Alternative Beta</title>
		<link>http://allaboutalpha.com/blog/2006/10/26/event-alternative-beta/</link>
		<comments>http://allaboutalpha.com/blog/2006/10/26/event-alternative-beta/#comments</comments>
		<pubDate>Fri, 27 Oct 2006 01:41:22 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2006/10/26/event-alternative-beta/</guid>
		<description><![CDATA[Organized By: IRC
Dates: February 12-14, 2007
Location: London
The dynamic duo of William Fung and David Hsieh have been referred to as the &#8220;Gilbert &#038; Sullivan&#8221; of the hedge fund world &#8211; co-authors of seminal works whose broad themes are regularly borrowed by subsequent playwrights.  Well, there&#8217;s good news for fans: the pair will be appearing together [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/10/26/event-alternative-beta/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Factor Modeling and Benchmarking of Hedge Funds: Can Passive Investment in Hedge Fund Strategies Deliver?</title>
		<link>http://allaboutalpha.com/blog/2006/10/19/factor-modeling-and-benchmarking-of-hedge-funds-can-passive-investment-in-hedge-fund-strategies-deliver/</link>
		<comments>http://allaboutalpha.com/blog/2006/10/19/factor-modeling-and-benchmarking-of-hedge-funds-can-passive-investment-in-hedge-fund-strategies-deliver/#comments</comments>
		<pubDate>Fri, 20 Oct 2006 00:50:20 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2006/10/19/factor-modeling-and-benchmarking-of-hedge-funds-can-passive-investment-in-hedge-fund-strategies-deliver/</guid>
		<description><![CDATA[By: Lars Jaeger &#038; Christian Wagner, Partners Group
Published: November 7, 2005 

This article aims to give reference to this academic effort and provide a coherent discussion on the current status of â€˜beta versus alpha&#8217; controversy in the hedge fund industry. 
- Jaeger &#038; Wagner 

We admit that we&#8217;ve been a little obsessed about the definition of alpha recently. [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/10/19/factor-modeling-and-benchmarking-of-hedge-funds-can-passive-investment-in-hedge-fund-strategies-deliver/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
		</item>
		<item>
		<title>The A,B,Cs of Hedge Funds: Alphas, Betas, and Costs</title>
		<link>http://allaboutalpha.com/blog/2006/10/07/the-abcs-of-hedge-funds-alphas-betas-and-costs/</link>
		<comments>http://allaboutalpha.com/blog/2006/10/07/the-abcs-of-hedge-funds-alphas-betas-and-costs/#comments</comments>
		<pubDate>Sun, 08 Oct 2006 01:45:53 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Investment Management Fees]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2006/10/07/the-abcs-of-hedge-funds-alphas-betas-and-costs/</guid>
		<description><![CDATA[By: Roger Ibbotson, Yale School of Management &#038; Peng Chen, Ibbotson Associates
Published: September 2006
Whew!  There is alpha in them there hedge funds.  Ibbotson and Chen discover that hedge fund fees absorb about half of it, but it seems to exist nonetheless.  
Using a database of hedge fund performance from 1995 to 2006, they adjust for commonly-cited problems such as [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/10/07/the-abcs-of-hedge-funds-alphas-betas-and-costs/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>Hedge Funds: Performance, Risk and Capital Formation</title>
		<link>http://allaboutalpha.com/blog/2006/07/15/hedge-funds-performance-risk-and-capital-formation-2/</link>
		<comments>http://allaboutalpha.com/blog/2006/07/15/hedge-funds-performance-risk-and-capital-formation-2/#comments</comments>
		<pubDate>Sat, 15 Jul 2006 18:20:38 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>
		<category><![CDATA[Dossier]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2362</guid>
		<description><![CDATA[By: William Fung, David Hsieh, Narayan Naik, Tarun Ramadorai
Published: July 2006
Abstract: We use a comprehensive dataset of funds-of-funds to investigate performance, risk and capital formation in the hedge fund industry over the decade from 1995-2004. We first confirm that there are high systematic risk exposures in the returns of funds-of-funds in our data. We then [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/07/15/hedge-funds-performance-risk-and-capital-formation-2/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Extracting Portable Alphas from Equity Long/Short Hedge Funds</title>
		<link>http://allaboutalpha.com/blog/2006/07/04/extracting-portable-alphas-from-equity-longshort-hedge-funds/</link>
		<comments>http://allaboutalpha.com/blog/2006/07/04/extracting-portable-alphas-from-equity-longshort-hedge-funds/#comments</comments>
		<pubDate>Tue, 04 Jul 2006 23:27:34 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Portable Alpha & Alpha/Beta Separation]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=18</guid>
		<description><![CDATA[By: William Fung and David A. Hsieh
Published: Journal of Investment Management, October 2004
Excerpt:

&#8220;This paper shows empirically that Equity Long/Short (Equity L/S) hedge funds have significant alpha to both conventional as well as alternative (hedge fund-like) risk factors utilizing hedge fund data from three major data bases. Following the terminology introduced in Fung and Hsieh (2003) [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/07/04/extracting-portable-alphas-from-equity-longshort-hedge-funds/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hedge Funds: An industry in its adolescence</title>
		<link>http://allaboutalpha.com/blog/2006/04/21/hedge-funds-an-industry-in-its-adolescence/</link>
		<comments>http://allaboutalpha.com/blog/2006/04/21/hedge-funds-an-industry-in-its-adolescence/#comments</comments>
		<pubDate>Fri, 21 Apr 2006 17:24:17 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Dossier]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2910</guid>
		<description><![CDATA[By: Bill Fung &#38; David Hsieh
Published: April 2006, Federal Reserve Bank of Atlanta
Introduction: At the turn of the century, coinciding with the bursting of the Internet bubble, institutional investors began increasing their allocation to hedge funds, responding in part to the lackluster performance of global equity markets&#8230;Accompanying these changes came the rising demand for rigorous [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2006/04/21/hedge-funds-an-industry-in-its-adolescence/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Extracting Portable Alphas from Equity Long/Short Hedge Funds</title>
		<link>http://allaboutalpha.com/blog/2004/10/13/extracting-portable-alphas-from-equity-longshort-hedge-funds-2/</link>
		<comments>http://allaboutalpha.com/blog/2004/10/13/extracting-portable-alphas-from-equity-longshort-hedge-funds-2/#comments</comments>
		<pubDate>Wed, 13 Oct 2004 19:11:15 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Dossier]]></category>
		<category><![CDATA[Portable Alpha & Alpha/Beta Separation]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2868</guid>
		<description><![CDATA[By: William Fung and David Hsieh
Published: October 2004, Journal of Investment Management
Abstract: This paper shows empirically that Equity Long/Short (Equity L/S) hedge funds have significant alpha to both conventional as well as alternative (hedge fund-like) risk factors utilizing hedge fund data from three major data bases. Following the terminology introduced in Fung and Hsieh (2003) [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2004/10/13/extracting-portable-alphas-from-equity-longshort-hedge-funds-2/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Risk in Hedge Fund Strategies: Alternative Alphas and Alternative Betas</title>
		<link>http://allaboutalpha.com/blog/2004/07/15/the-risk-in-hedge-fund-strategies-alternative-alphas-and-alternative-betas/</link>
		<comments>http://allaboutalpha.com/blog/2004/07/15/the-risk-in-hedge-fund-strategies-alternative-alphas-and-alternative-betas/#comments</comments>
		<pubDate>Thu, 15 Jul 2004 19:06:42 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>
		<category><![CDATA[Dossier]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2384</guid>
		<description><![CDATA[By: William Fung, David Hsieh
Published: 2004
Abstract: Hedge fund managers typically transact in similar asset markets to those used by conventional fund managers. Yet, there is much documented evidence that hedge funds have different return characteristics than those of conventional asset class managers. Some authors have attributed this apparent dilemma to the skill-based nature of hedge [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2004/07/15/the-risk-in-hedge-fund-strategies-alternative-alphas-and-alternative-betas/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hedge Fund Benchmarks: A Risk Based Approach</title>
		<link>http://allaboutalpha.com/blog/2004/03/15/hedge-fund-benchmarks-a-risk-based-approach/</link>
		<comments>http://allaboutalpha.com/blog/2004/03/15/hedge-fund-benchmarks-a-risk-based-approach/#comments</comments>
		<pubDate>Mon, 15 Mar 2004 18:59:25 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>
		<category><![CDATA[Dossier]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2382</guid>
		<description><![CDATA[By: William Fung, David Hsieh
Published: March 2004
Abstract: Following a review of the data and methodological difficulties in applying conventional models used for traditional asset class indexes to hedge funds, this article argues against the conventional approach. Instead, in an extension of previous work on asset-based style (ABS) factors, the article proposes a model of hedge [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2004/03/15/hedge-fund-benchmarks-a-risk-based-approach/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Asset-Based Hedge-Fund Styles and Portfolio Diversification</title>
		<link>http://allaboutalpha.com/blog/2001/10/15/asset-based-hedge-fund-styles-and-portfolio-diversification/</link>
		<comments>http://allaboutalpha.com/blog/2001/10/15/asset-based-hedge-fund-styles-and-portfolio-diversification/#comments</comments>
		<pubDate>Mon, 15 Oct 2001 19:09:36 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>
		<category><![CDATA[Dossier]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2386</guid>
		<description><![CDATA[
By: William Fung, David Hsieh
Published: October 2001
Abstract: Asset-based style factors link returns of hedge-fund strategies to observed market prices. They provide explicit and unambiguous descriptions of hedge-fund strategies that tells us both the nature as well as the quantity of risk. Asset-based style factors are key inputs to portfolio construction and for benchmarking hedge-fund performance [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2001/10/15/asset-based-hedge-fund-styles-and-portfolio-diversification/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
