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	<title>AllAboutAlpha.com &#187; Search Results  &#187;  naik</title>
	<atom:link href="http://allaboutalpha.com/blog/?s=naik&#038;feed=rss2" rel="self" type="application/rss+xml" />
	<link>http://allaboutalpha.com/blog</link>
	<description>Hedge funds, portable alpha, 130/30 and alpha-centric investing</description>
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			<item>
		<title>Equity long/short mutual funds &#8220;could easily grow twenty-fold over the next five years:&#8221; Report</title>
		<link>http://allaboutalpha.com/blog/2009/11/09/equity-longshort-mutual-funds-could-easily-grow-twenty-fold-over-the-next-five-years-report/</link>
		<comments>http://allaboutalpha.com/blog/2009/11/09/equity-longshort-mutual-funds-could-easily-grow-twenty-fold-over-the-next-five-years-report/#comments</comments>
		<pubDate>Tue, 10 Nov 2009 03:44:50 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Retail Investing]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=7409</guid>
		<description><![CDATA[Are "hedged mutual funds" finally ready for prime time? ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/11/09/equity-longshort-mutual-funds-could-easily-grow-twenty-fold-over-the-next-five-years-report/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Summer of 1000 Posts: Alternative Beta and Hedge Fund Replication</title>
		<link>http://allaboutalpha.com/blog/2009/07/12/summer-of-1000-posts-alternative-beta-and-hedge-fund-replication/</link>
		<comments>http://allaboutalpha.com/blog/2009/07/12/summer-of-1000-posts-alternative-beta-and-hedge-fund-replication/#comments</comments>
		<pubDate>Mon, 13 Jul 2009 00:00:47 +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=4977</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 Alternative Beta and Hedge Fund Replication.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2009/07/12/summer-of-1000-posts-alternative-beta-and-hedge-fund-replication/feed/</wfw:commentRss>
		<slash:comments>0</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>Hedge fund industry enters time-warp in January 1970, pops out virtually unchanged in 2008</title>
		<link>http://allaboutalpha.com/blog/2008/11/27/hedge-fund-industry-enters-time-warp-in-january-1970-pops-out-virtually-unchanged-in-2008/</link>
		<comments>http://allaboutalpha.com/blog/2008/11/27/hedge-fund-industry-enters-time-warp-in-january-1970-pops-out-virtually-unchanged-in-2008/#comments</comments>
		<pubDate>Fri, 28 Nov 2008 02:44:57 +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=3747</guid>
		<description><![CDATA[This article in the January 1970 edition of FORTUNE magazine just might change your entire perspective on the hedge fund industry.  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/11/27/hedge-fund-industry-enters-time-warp-in-january-1970-pops-out-virtually-unchanged-in-2008/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Hedge Funds and Mutual Funds: Not such an odd couple &#8211; as long as conflicts of interest are managed</title>
		<link>http://allaboutalpha.com/blog/2008/09/24/hedge-funds-and-mutual-funds-not-such-an-odd-couple-as-long-as-conflicts-of-interest-are-managed/</link>
		<comments>http://allaboutalpha.com/blog/2008/09/24/hedge-funds-and-mutual-funds-not-such-an-odd-couple-as-long-as-conflicts-of-interest-are-managed/#comments</comments>
		<pubDate>Thu, 25 Sep 2008 00:38:51 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Retail Investing]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3433</guid>
		<description><![CDATA[With the world of hedge funds and traditional long-only funds hurtling into each other, we examine some of the conflicts of interest and performance implications of hedge funds and mutual funds co-habitating.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/09/24/hedge-funds-and-mutual-funds-not-such-an-odd-couple-as-long-as-conflicts-of-interest-are-managed/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>BNP Paribas Hedge Fund Centre, London Business School</title>
		<link>http://allaboutalpha.com/blog/2008/07/15/bnp-paribas-hedge-fund-centre-london-business-school/</link>
		<comments>http://allaboutalpha.com/blog/2008/07/15/bnp-paribas-hedge-fund-centre-london-business-school/#comments</comments>
		<pubDate>Tue, 15 Jul 2008 05:26:05 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Academic Institutes]]></category>
		<category><![CDATA[Resources]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2330</guid>
		<description><![CDATA[BNP Paribas Hedge Fund Centre, London Business School
Director: Narayan Naik, nnaik [at] london [dot] edu
From the Institute’s Website: Key Aims: To undertake research into all aspects of hedge fund investing, including the impact of hedge funds on the asset markets they invest in; To encourage others to conduct research, for example through visiting research fellowships [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/07/15/bnp-paribas-hedge-fund-centre-london-business-school/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Narayan Naik</title>
		<link>http://allaboutalpha.com/blog/2008/07/15/narayan-naik/</link>
		<comments>http://allaboutalpha.com/blog/2008/07/15/narayan-naik/#comments</comments>
		<pubDate>Tue, 15 Jul 2008 04:18:32 +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=2300</guid>
		<description><![CDATA[Narayan Naik
Director of BNP Paribas Hedge Fund Centre, London Business School
Faculty Profile (LBS)
Research (SSRN)
Relevant Postings (AllAboutAlpha.com)
]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/07/15/narayan-naik/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Silos, flesh wounds, the &#8220;disintermediation&#8221; of poultry, and a call to action</title>
		<link>http://allaboutalpha.com/blog/2008/06/04/silos-flesh-wounds-the-disintermediation-of-poultry-and-a-call-to-action/</link>
		<comments>http://allaboutalpha.com/blog/2008/06/04/silos-flesh-wounds-the-disintermediation-of-poultry-and-a-call-to-action/#comments</comments>
		<pubDate>Wed, 04 Jun 2008 05:21:00 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Alternative Beta & Hedge Fund Replication]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Investment Management Fees]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/06/04/silos-flesh-wounds-the-disintermediation-of-poultry-and-a-call-to-action/</guid>
		<description><![CDATA[Experts ranging from LBS's Narayan Naik to Stanford's Myron Scholes weighed-in on everything from organizational silos to economic first aid in London today.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/06/04/silos-flesh-wounds-the-disintermediation-of-poultry-and-a-call-to-action/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Skeptics to hedge fund managers: Your alpha has been faked!</title>
		<link>http://allaboutalpha.com/blog/2008/04/03/skeptics-to-hedge-fund-managers-your-alpha-has-been-faked/</link>
		<comments>http://allaboutalpha.com/blog/2008/04/03/skeptics-to-hedge-fund-managers-your-alpha-has-been-faked/#comments</comments>
		<pubDate>Fri, 04 Apr 2008 02:00:22 +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>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2008/04/03/skeptics-to-hedge-fund-managers-your-alpha-has-been-faked/</guid>
		<description><![CDATA[There's a debate brewing in the hedge fund community right now over an academic paper on hedge fund alpha.  Here's what you need to know.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2008/04/03/skeptics-to-hedge-fund-managers-your-alpha-has-been-faked/feed/</wfw:commentRss>
		<slash:comments>2</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>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>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>Role of Managerial Incentives and Discretion in Hedge Fund Performance</title>
		<link>http://allaboutalpha.com/blog/2007/10/10/role-of-managerial-incentives-and-discretion-in-hedge-fund-performance/</link>
		<comments>http://allaboutalpha.com/blog/2007/10/10/role-of-managerial-incentives-and-discretion-in-hedge-fund-performance/#comments</comments>
		<pubDate>Wed, 10 Oct 2007 13:02:26 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Dossier]]></category>
		<category><![CDATA[Investment Management Fees]]></category>
		<category><![CDATA[Performance, Analytics & Metrics]]></category>
		<category><![CDATA[Posting Categories]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=2720</guid>
		<description><![CDATA[By: Vikas Agarwal (GSU), Naveen Daniel (Drexel) and Narayan Naik (LBS)
Published: October 2007
Abstract: Using a comprehensive hedge fund database, we examine the role of managerial incentives and discretion in hedge fund performance. Hedge funds with greater managerial incentives, proxied by the delta of the option-like incentive fee contracts, higher levels of managerial ownership, and the [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/10/10/role-of-managerial-incentives-and-discretion-in-hedge-fund-performance/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hedge Funds for Retail Investors? An Examination of Hedged Mutual Funds</title>
		<link>http://allaboutalpha.com/blog/2007/06/01/hedge-funds-for-retail-investors-an-examination-of-hedged-mutual-funds-2/</link>
		<comments>http://allaboutalpha.com/blog/2007/06/01/hedge-funds-for-retail-investors-an-examination-of-hedged-mutual-funds-2/#comments</comments>
		<pubDate>Fri, 01 Jun 2007 05:09:11 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Dossier]]></category>
		<category><![CDATA[Retail Investing]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=3622</guid>
		<description><![CDATA[By: Vikas Agarwal (Georgia State University), Nicole M. Boyson (Northeastern University) &#38; Narayan Y. Naik (London Business School)
Published: June 2007
Abstract: Recently there has been a rapid growth in the assets managed by &#8220;hedged mutual funds&#8221; &#8211; mutual funds mimicking hedge funds strategies. In this paper, we examine the performance of these funds relative to hedge [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/06/01/hedge-funds-for-retail-investors-an-examination-of-hedged-mutual-funds-2/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Why is Santa so Kind to Hedge Funds? The December Return Puzzle!</title>
		<link>http://allaboutalpha.com/blog/2007/03/29/why-is-santa-so-kind-to-hedge-funds-the-december-return-puzzle/</link>
		<comments>http://allaboutalpha.com/blog/2007/03/29/why-is-santa-so-kind-to-hedge-funds-the-december-return-puzzle/#comments</comments>
		<pubDate>Thu, 29 Mar 2007 10:15:03 +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=3816</guid>
		<description><![CDATA[By: Vikas Agarwal (Georgia State University), Naveen D. Daniel (Drexel University) and Narayan Y. Naik (LBS)
Published: March 2007
Abstract: This paper is the first to document that hedge fund returns during December are significantly higher than those during the rest of the year. This December spike cannot be fully explained by increase in the funds&#8217; risk [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/03/29/why-is-santa-so-kind-to-hedge-funds-the-december-return-puzzle/feed/</wfw:commentRss>
		<slash:comments>0</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>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>Hedge Fund Managers Glorified Coin-Tossers?</title>
		<link>http://allaboutalpha.com/blog/2007/02/03/hedge-fund-managers-glorified-coin-tossers/</link>
		<comments>http://allaboutalpha.com/blog/2007/02/03/hedge-fund-managers-glorified-coin-tossers/#comments</comments>
		<pubDate>Sun, 04 Feb 2007 04:24:39 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[CAPM / Alpha Theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/02/03/hedge-fund-managers-glorified-coin-tossers/</guid>
		<description><![CDATA[&#8220;To the point: Hedge funds have no science but to bet on heads or tails&#8221;
By: Edmond Warner, Daily Telegraph
Published: February 1, 2007
This article suggests that hedge funds, under pressure to perform, are simply levering-up 50/50 (&#8221;fair&#8221;) bets.  According to its author, hedge funds use &#8220;pseudo-scientific investment models that are no more than cottage industry gambles&#8221;. Unfortunately, [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/02/03/hedge-fund-managers-glorified-coin-tossers/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Hedge funds for retail investors? An examination of hedged mutual funds</title>
		<link>http://allaboutalpha.com/blog/2007/01/22/hedge-funds-for-retail-investors-an-examination-of-hedged-mutual-funds/</link>
		<comments>http://allaboutalpha.com/blog/2007/01/22/hedge-funds-for-retail-investors-an-examination-of-hedged-mutual-funds/#comments</comments>
		<pubDate>Tue, 23 Jan 2007 02:56:13 +0000</pubDate>
		<dc:creator>Alpha Male</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/2007/01/22/hedge-funds-for-retail-investors-an-examination-of-hedged-mutual-funds/</guid>
		<description><![CDATA[By: Vikas Agarwal, Georgia State University; Nicole Boyson, Northeastern University; Narayan Naik, London Business School
Published: September 26, 2006
We have recently posted on a couple of stories regarding a new breed of &#8220;hedged&#8221; mutual funds that has emerged as US mutual fund regulators relax rules governing short-selling.  In this well-timed research paper academics from the London Business School, Georgia [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2007/01/22/hedge-funds-for-retail-investors-an-examination-of-hedged-mutual-funds/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<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>
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		<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>
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		<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>
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		<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>
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		<title>Do hedge funds deliver alpha? A Bayesian and bootstrap analysis</title>
		<link>http://allaboutalpha.com/blog/2005/12/15/do-hedge-funds-deliver-alpha-a-bayesian-and-bootstrap-analysis/</link>
		<comments>http://allaboutalpha.com/blog/2005/12/15/do-hedge-funds-deliver-alpha-a-bayesian-and-bootstrap-analysis/#comments</comments>
		<pubDate>Thu, 15 Dec 2005 18:29:31 +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=2366</guid>
		<description><![CDATA[By: Robert Kosowski, Narayan Y. Naik, Melvyn Teo
Published: December 2005
Abstract: Using a robust bootstrap procedure, we find that top hedge fund performance cannot be explained by luck, and hedge fund performance persists at annual horizons. Moreover, we show that Bayesian measures, which help overcome the short-sample problem inherent in hedge fund returns, lead to superior [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2005/12/15/do-hedge-funds-deliver-alpha-a-bayesian-and-bootstrap-analysis/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>Is Stellar Hedge Fund Performance for Real?</title>
		<link>http://allaboutalpha.com/blog/2005/02/01/is-stellar-hedge-fund-performance-for-real/</link>
		<comments>http://allaboutalpha.com/blog/2005/02/01/is-stellar-hedge-fund-performance-for-real/#comments</comments>
		<pubDate>Tue, 01 Feb 2005 10:27:59 +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=3824</guid>
		<description><![CDATA[By: Robert Kosowski (Imperial College), Narayan Y. Naik (LBS) and Melvyn Teo (Singapore Management University)
Published: February 2005
Abstract: We apply a robust bootstrap to evaluate the performance of a large universe of hedge funds. Our bootstrap estimates indicate that the performance of the top hedge funds cannot be attributed to chance alone. This is true even [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2005/02/01/is-stellar-hedge-fund-performance-for-real/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Flows, Performance, and Managerial Incentives in Hedge Funds</title>
		<link>http://allaboutalpha.com/blog/2004/07/01/flows-performance-and-managerial-incentives-in-hedge-funds/</link>
		<comments>http://allaboutalpha.com/blog/2004/07/01/flows-performance-and-managerial-incentives-in-hedge-funds/#comments</comments>
		<pubDate>Thu, 01 Jul 2004 10:25:33 +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=3822</guid>
		<description><![CDATA[By: Vikas Agarwal (Georgia State University), Naveen D. Daniel (Drexel University) and Narayan Y. Naik (LBS)
Published: July 2004
Abstract: This paper investigates the determinants of money-flows, nature of managerial incentives, behavior of investors, and drivers of performance in the hedge fund industry. It examines performance-flow relation and finds that funds with good recent performance, greater managerial incentives, [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2004/07/01/flows-performance-and-managerial-incentives-in-hedge-funds/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>On Taking the &#8216;Alternative&#8217; Route: Risks, Rewards, Style and Performance Persistence of Hedge Funds</title>
		<link>http://allaboutalpha.com/blog/1999/02/01/on-taking-the-alternative-route-risks-rewards-style-and-performance-persistence-of-hedge-funds/</link>
		<comments>http://allaboutalpha.com/blog/1999/02/01/on-taking-the-alternative-route-risks-rewards-style-and-performance-persistence-of-hedge-funds/#comments</comments>
		<pubDate>Mon, 01 Feb 1999 10:22:52 +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=3820</guid>
		<description><![CDATA[By: Vikas Agarwal (Georgia State University) and Narayan Y. Naik (LBS)
Published: February 1999
Abstract: Using a new database of hedge funds, this paper provides a comprehensive analysis of the risk-return characteristics, risk exposures, style analysis and performance persistence of various hedge fund strategies. We conduct a mean-variance analysis to find that a combination of alternative investments [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/1999/02/01/on-taking-the-alternative-route-risks-rewards-style-and-performance-persistence-of-hedge-funds/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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