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<channel>
	<title>AllAboutAlpha: Hedge Fund Trends &#38; Alternative Investment Analysis</title>
	<atom:link href="http://allaboutalpha.com/blog/feed/" rel="self" type="application/rss+xml" />
	<link>http://allaboutalpha.com/blog</link>
	<description>A finance blog about hedge funds, portable alpha and alternative investing.</description>
	<lastBuildDate>Thu, 17 May 2012 00:00:58 +0000</lastBuildDate>
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			<item>
		<title>Quick Course: 140 Years of Panics and Policy</title>
		<link>http://allaboutalpha.com/blog/2012/05/16/quick-course-140-years-of-panics-and-policy/</link>
		<comments>http://allaboutalpha.com/blog/2012/05/16/quick-course-140-years-of-panics-and-policy/#comments</comments>
		<pubDate>Thu, 17 May 2012 00:00:58 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Academic Research]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Walter Bagehot]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25918</guid>
		<description><![CDATA[Should a lender of last resort lower interest rates to near zero in the hope that liquidity will drown systemic sorrows? Bagehot argues for a contrary approach. The interest rates for loans made to desperate borrowers should be high. “This will operate as a heavy fine on unreasonable timidity, and will prevent the greatest number of applications by persons who do not require it. The rate should be raised early in the panic, so that the fine may be paid early…."]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/05/16/quick-course-140-years-of-panics-and-policy/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Pensions, Inflation and Longevity Risk</title>
		<link>http://allaboutalpha.com/blog/2012/05/15/pensions-inflation-and-longevity-risk/</link>
		<comments>http://allaboutalpha.com/blog/2012/05/15/pensions-inflation-and-longevity-risk/#comments</comments>
		<pubDate>Wed, 16 May 2012 00:00:02 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[defined benefit plans]]></category>
		<category><![CDATA[inflation-linked securities]]></category>
		<category><![CDATA[institutional investing]]></category>
		<category><![CDATA[pension funds]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25908</guid>
		<description><![CDATA[ 
The phrase “hybrid pension system,” as you might expect, refers to systems that can be categorized neither as defined contribution nor as defined benefit simply. This may involve for example risk sharing amongst employees, within or between generations of recipients, in the context of a collective defined contribution (CDC). The essential argument of this study, by Samuel Sender, Applied Research Manager at EDHEC, is that demographics will push both DC and DB plans to hybridize.
 ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/05/15/pensions-inflation-and-longevity-risk/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Obvious Place to Look for Stable, Consistent Returns:  African Trade Finance</title>
		<link>http://allaboutalpha.com/blog/2012/05/14/the-obvious-place-to-look-for-stable-consistent-returns-african-trade-finance/</link>
		<comments>http://allaboutalpha.com/blog/2012/05/14/the-obvious-place-to-look-for-stable-consistent-returns-african-trade-finance/#comments</comments>
		<pubDate>Tue, 15 May 2012 00:00:04 +0000</pubDate>
		<dc:creator>dfriedenberg</dc:creator>
				<category><![CDATA[Socially responsible investing]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[African Trade Finance]]></category>
		<category><![CDATA[Scipion Capital]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25874</guid>
		<description><![CDATA[
by Doug Friedenberg
 
We had the good fortune whilst we were in London to make the acquaintance of Nicolas Clavel, chief investment officer of Scipion Capital, a hedge fund that invests  in financing imports and exports.  Not just any imports and exports, mind you. Imports and exports of commodities related to Africa.

We asked Nicolas about [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/05/14/the-obvious-place-to-look-for-stable-consistent-returns-african-trade-finance/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Alpha Hunters: A Conversation with Peter Stein</title>
		<link>http://allaboutalpha.com/blog/2012/05/13/alpha-hunters-a-conversation-with-peter-stein/</link>
		<comments>http://allaboutalpha.com/blog/2012/05/13/alpha-hunters-a-conversation-with-peter-stein/#comments</comments>
		<pubDate>Mon, 14 May 2012 00:00:58 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Alpha Hunters]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[alternative investment]]></category>
		<category><![CDATA[Charles Skorina]]></category>
		<category><![CDATA[endowment]]></category>
		<category><![CDATA[foundations]]></category>
		<category><![CDATA[funds of funds]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[PAAMCO]]></category>
		<category><![CDATA[Peter Stein]]></category>
		<category><![CDATA[University of Chicago]]></category>
		<category><![CDATA[women-owned hedge funds]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25890</guid>
		<description><![CDATA[New columnist Charles Skorina interviews Peter Stein, veteran alternative investments professional.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/05/13/alpha-hunters-a-conversation-with-peter-stein/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Simplifying the JOBS Act for Alternative Investment Vehicles</title>
		<link>http://allaboutalpha.com/blog/2012/05/10/simplifying-the-jobs-act-for-alternative-investment-vehicles/</link>
		<comments>http://allaboutalpha.com/blog/2012/05/10/simplifying-the-jobs-act-for-alternative-investment-vehicles/#comments</comments>
		<pubDate>Fri, 11 May 2012 00:00:57 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Hedge Fund Regulation]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[JOBS Act]]></category>
		<category><![CDATA[Sadis & Goldberg]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25858</guid>
		<description><![CDATA[
By Ron S. Geffner, Partner, Head of Financial Services, Sadis &#38; Goldberg LLP
On April 5, 2012, President Obama signed the Jumpstart Our Business Startups Act, H.R. 3606 (&#8220;JOBS Act&#8220;). The JOBS Act requires the Securities &#38; Exchange Commission (&#8220;SEC&#8220;) to revise existing rules to implement many of the provisions of the JOBS Act. This article [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/05/10/simplifying-the-jobs-act-for-alternative-investment-vehicles/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>The Ultimate in High-Frequency Trading</title>
		<link>http://allaboutalpha.com/blog/2012/05/09/the-ultimate-in-high-frequency-trading/</link>
		<comments>http://allaboutalpha.com/blog/2012/05/09/the-ultimate-in-high-frequency-trading/#comments</comments>
		<pubDate>Thu, 10 May 2012 00:13:23 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Algorithmic and high-frequency trading]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[algorithmic trading]]></category>
		<category><![CDATA[high-frequency trading]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25850</guid>
		<description><![CDATA[Quite aside from the neat through-the-planet short-cuts they might allow: how fast is a neutrino? This turns out to be a very controversial matter. Last year, scientists working at CERN set off weeks of feverish speculation with reports indicating that neutrinos travel faster than light. If I understand this at all, it would mean if true that a New York or London trader could in theory accept a Tokyo trader’s offer before the offer had actually been made. Now that would be the ultimate in HFT: negative latency. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/05/09/the-ultimate-in-high-frequency-trading/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>EDHEC Survey: Contracts, Not Regulation, Should Clarify Restitution</title>
		<link>http://allaboutalpha.com/blog/2012/05/08/edhec-survey-contracts-not-regulation-should-clarify-restitution/</link>
		<comments>http://allaboutalpha.com/blog/2012/05/08/edhec-survey-contracts-not-regulation-should-clarify-restitution/#comments</comments>
		<pubDate>Wed, 09 May 2012 00:00:29 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Academic Research]]></category>
		<category><![CDATA[Risk management]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[banking crisis]]></category>
		<category><![CDATA[Edhec]]></category>
		<category><![CDATA[non-financial risk]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25833</guid>
		<description><![CDATA[The issue of restitution for loss has been very much on the midns of the asset management industry over the last four years. As EDHEC observes in its new report on non-financial risks, “The collapse of Lehman not only [showed] the world that a systemically large institution could fail; it put … the question of international cooperation and rules harmonisation on centre stage. Restitution may be rendered impossible, at least under reasonable delays, in extreme cases such as the default of an institution – reputable as it might have been.”]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/05/08/edhec-survey-contracts-not-regulation-should-clarify-restitution/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>22 Years since Lamfalussy: Infrastructure Issues</title>
		<link>http://allaboutalpha.com/blog/2012/05/07/22-years-since-lamfalussy-infrastructure-issues/</link>
		<comments>http://allaboutalpha.com/blog/2012/05/07/22-years-since-lamfalussy-infrastructure-issues/#comments</comments>
		<pubDate>Tue, 08 May 2012 00:00:31 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Hedge Fund Operations and Risk Management]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[IOSCO]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25817</guid>
		<description><![CDATA[Awkward and unexpected results from insolvency are among the legal risks to which inadequate financial market infrastructures (FMIs) can lead. There are also credit risks, liquidity risks, and in a future time of crisis or stress: contagion.    ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/05/07/22-years-since-lamfalussy-infrastructure-issues/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Video: CAIA Conversations: John Ruffolo, CEO, OMERS Ventures</title>
		<link>http://allaboutalpha.com/blog/2012/05/06/video-caia-conversations-john-ruffolo-ceo-omers-ventures/</link>
		<comments>http://allaboutalpha.com/blog/2012/05/06/video-caia-conversations-john-ruffolo-ceo-omers-ventures/#comments</comments>
		<pubDate>Sun, 06 May 2012 22:30:13 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Featured Post]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Video]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25843</guid>
		<description><![CDATA[
From Lynne Feldman, Director of Marketing at the CAIA Association:

John Ruffolo, Chief Executive Officer of OMERS Ventures and Head of Knowledge Investing for OMERS Strategic Investments, discusses opportunities now and in the future for private equity, venture capital, and the benefits of a direct investing approach. Mr. Ruffolo spoke with Wendy L. Coleman, CAIA, CFA, [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/05/06/video-caia-conversations-john-ruffolo-ceo-omers-ventures/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Was Managed Futures Tackled by Turbulence? When is Volatility a Friend or Foe?</title>
		<link>http://allaboutalpha.com/blog/2012/05/03/was-managed-futures-tackled-by-turbulence-when-is-volatility-a-friend-or-foe/</link>
		<comments>http://allaboutalpha.com/blog/2012/05/03/was-managed-futures-tackled-by-turbulence-when-is-volatility-a-friend-or-foe/#comments</comments>
		<pubDate>Fri, 04 May 2012 00:00:58 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[CME Group]]></category>
		<category><![CDATA[managed futures]]></category>
		<category><![CDATA[New category: "Risk Management"?]]></category>
		<category><![CDATA[volatility]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25803</guid>
		<description><![CDATA[Kathryn Kaminski tackles the tough question of volatility and how it affects managed futures.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/05/03/was-managed-futures-tackled-by-turbulence-when-is-volatility-a-friend-or-foe/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Supreme Court May Take Bulldog’s Appeal</title>
		<link>http://allaboutalpha.com/blog/2012/05/02/supreme-court-may-take-bulldog%e2%80%99s-appeal/</link>
		<comments>http://allaboutalpha.com/blog/2012/05/02/supreme-court-may-take-bulldog%e2%80%99s-appeal/#comments</comments>
		<pubDate>Thu, 03 May 2012 00:00:28 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Regulatory]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Bulldog Investors]]></category>
		<category><![CDATA[Philip Goldstein]]></category>
		<category><![CDATA[United States Supreme Court]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25788</guid>
		<description><![CDATA[The Goldstein case has arisen because Massachusetts prohibits an issuer of unregistered securities sold only to sophisticated investors from running a website accessible to not-so-sophisticated folks, or from contacting them with emails in response to interest expressed on the website. The trial court upheld the law and regulation at issue against Bulldog’s first amendment arguments, finding that the scheme was justified because it was narrowly tailored to the state’s interest in protecting the integrity of the capital markets. The state's Supreme Judicial Court agreed, offering a somewhat surprising and indirect explanation. It is the SJC decision that Bulldog wants the U.S. Supreme Court to overturn. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/05/02/supreme-court-may-take-bulldog%e2%80%99s-appeal/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Of Falling Risks and Indexes</title>
		<link>http://allaboutalpha.com/blog/2012/05/01/of-falling-risks-and-indexes/</link>
		<comments>http://allaboutalpha.com/blog/2012/05/01/of-falling-risks-and-indexes/#comments</comments>
		<pubDate>Wed, 02 May 2012 00:18:09 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Indexes]]></category>
		<category><![CDATA[Risk management]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[indexing]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25763</guid>
		<description><![CDATA[Any quantitative strategy is susceptible to being reduced to an index, and along with this, to transparency and routine. Once this happens, that "alpha" becomes "beta," and the 2 + 20 fees are no longer available. A manager in search of alpha will have to move beyond that strategy, peeling away that layer of the onion and going to a deeper, not-yet-indexable, strategy. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/05/01/of-falling-risks-and-indexes/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A Life-changing £600 Million</title>
		<link>http://allaboutalpha.com/blog/2012/04/30/a-life-changing-600-million/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/30/a-life-changing-600-million/#comments</comments>
		<pubDate>Tue, 01 May 2012 00:30:40 +0000</pubDate>
		<dc:creator>vshah</dc:creator>
				<category><![CDATA[Socially responsible investing]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[emerging markets]]></category>
		<category><![CDATA[impact investing]]></category>
		<category><![CDATA[micro finance]]></category>
		<category><![CDATA[Social investing]]></category>
		<category><![CDATA[Socially respsonsible investing]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25746</guid>
		<description><![CDATA["Over the next decade, impact investment will constitute an investment opportunity of between US$400 billion and US$1 trillion, generating profits of between US$183 billion and US$667 billion..."]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/30/a-life-changing-600-million/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>AIFMD Developments: Movement Away From Flexibility</title>
		<link>http://allaboutalpha.com/blog/2012/04/29/aifmd-developments-movement-away-from-flexibility/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/29/aifmd-developments-movement-away-from-flexibility/#comments</comments>
		<pubDate>Mon, 30 Apr 2012 00:24:49 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Regulatory]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[AIFMD]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[financial regulation]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25747</guid>
		<description><![CDATA[What was clear after even Level 1 adoption last year was that the AIFMD would require managers to disclose a good deal more to their home market authorities than has been their wont; that leverage shall be closely monitored once it is deemed to have been employed “on a substantial basis at the level of the AIF,” and leverage may well be limited outright; further, it  was clear that depositary institutions will be saddled with new liabilities. These bullet points might be implemented with various degrees of rigidity, and that is the continuing subject of debate. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/29/aifmd-developments-movement-away-from-flexibility/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Brand of Hedge Funds</title>
		<link>http://allaboutalpha.com/blog/2012/04/26/the-brand-of-hedge-funds/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/26/the-brand-of-hedge-funds/#comments</comments>
		<pubDate>Fri, 27 Apr 2012 00:00:32 +0000</pubDate>
		<dc:creator>vshah</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Hedge Fund Operations and Risk Management]]></category>
		<category><![CDATA[Hedge Fund Regulation]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[CounselWorks]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[Highbridge]]></category>
		<category><![CDATA[JP Morgan]]></category>
		<category><![CDATA[Ron Resnick]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25716</guid>
		<description><![CDATA["This industry will perhaps never really shake off the aura of secrecy and inevitable rumor mill, but investors and risk managers need to really start to judge funds on the metric against which the funds judge themselves: performance."]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/26/the-brand-of-hedge-funds/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Credit Suisse: Making Fat Tails Work for You</title>
		<link>http://allaboutalpha.com/blog/2012/04/25/credit-suisse-making-fat-tails-work-for-you/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/25/credit-suisse-making-fat-tails-work-for-you/#comments</comments>
		<pubDate>Thu, 26 Apr 2012 00:00:33 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Derivatives]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Benoit Mandelbrot]]></category>
		<category><![CDATA[Credit Suisse]]></category>
		<category><![CDATA[derivatives research]]></category>
		<category><![CDATA[fat tails]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25730</guid>
		<description><![CDATA[The new normal, on Thambiah’s and Foscari’s account, includes an enhanced role by central banks, implementing monetary policies through open market operations, closer interconnections of banking institutions worldwide, much painful deleveraging, and persistently high levels of unemployment.  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/25/credit-suisse-making-fat-tails-work-for-you/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>Alpha Hunters: The Macro View</title>
		<link>http://allaboutalpha.com/blog/2012/04/24/alpha-hunters-the-macro-view/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/24/alpha-hunters-the-macro-view/#comments</comments>
		<pubDate>Tue, 24 Apr 2012 21:49:38 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Alpha Hunters]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Guest Posts]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25726</guid>
		<description><![CDATA[
By John Brynjolfsson, Armored Wolf
The Armored Wolf investment team held its Secular Forum in late March. This is an annual opportunity to step back and discuss major themes in the upcoming investment environment. This was an effort to identify the dominant underlying forces likely to drive asset prices .
Thorough discussion and analysis led us to [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/24/alpha-hunters-the-macro-view/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Efficiency May Be Special Case of Adaptation</title>
		<link>http://allaboutalpha.com/blog/2012/04/24/efficiency-may-be-special-case-of-adaptation/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/24/efficiency-may-be-special-case-of-adaptation/#comments</comments>
		<pubDate>Tue, 24 Apr 2012 20:18:59 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Behavioral finance]]></category>
		<category><![CDATA[Hedge Fund Strategies]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Adaptive Markets Hypothesis]]></category>
		<category><![CDATA[Andrew Lo]]></category>
		<category><![CDATA[behavioral finance]]></category>
		<category><![CDATA[heuristics]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25687</guid>
		<description><![CDATA[In a new paper, Andrew Lo has educed from his Adaptive Markets Hypothesis five practical conclusions, among them that during times of crisis, the usual positive relationship between risk and return may not hold. There is in general a "time-varying and often negative relationship between the two." ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/24/efficiency-may-be-special-case-of-adaptation/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>EDHEC, EMA in Broad Concord on ETFs</title>
		<link>http://allaboutalpha.com/blog/2012/04/23/edhec-ema-in-broad-concord-on-etfs/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/23/edhec-ema-in-broad-concord-on-etfs/#comments</comments>
		<pubDate>Tue, 24 Apr 2012 00:20:09 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[ETFs]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[European debt risk]]></category>
		<category><![CDATA[leverage]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25679</guid>
		<description><![CDATA[In January, the European Securities and Markets Authority set out in a consultation paper its guidelines on exchange traded funds and other issues relating to the Undertaking for Collective Investment in Transferable Securities, and it asked for comments by March 30. Much of the ESMA paper involves issues of tracking and disclosure. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/23/edhec-ema-in-broad-concord-on-etfs/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Video: David McMillan, CFA, Partner, Mercer Investment Consulting</title>
		<link>http://allaboutalpha.com/blog/2012/04/22/video-david-mcmillan-cfa-partner-mercer-investment-consulting/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/22/video-david-mcmillan-cfa-partner-mercer-investment-consulting/#comments</comments>
		<pubDate>Mon, 23 Apr 2012 00:05:21 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Featured Post]]></category>
		<category><![CDATA[Video]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25702</guid>
		<description><![CDATA[
From Lynne Feldman, Director of Marketing at the CAIA Association:

David McMillan, CFA, Partner, Mercer Investment Consulting, discusses the role of consultants, risk management, trends in the hedge fund industry, and the need for education—now and in the future. Mr. McMillan spoke with Wendy L. Coleman, CAIA, CFA, FRM, in New York, NY.
The series will continue [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/22/video-david-mcmillan-cfa-partner-mercer-investment-consulting/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Finding Alpha in Israel&#8217;s Emerging Market</title>
		<link>http://allaboutalpha.com/blog/2012/04/19/finding-alpha-in-israels-emerging-market/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/19/finding-alpha-in-israels-emerging-market/#comments</comments>
		<pubDate>Fri, 20 Apr 2012 00:01:32 +0000</pubDate>
		<dc:creator>vshah</dc:creator>
				<category><![CDATA[Alpha Hunters]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[early adopters]]></category>
		<category><![CDATA[Israel]]></category>
		<category><![CDATA[Venture capital]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25670</guid>
		<description><![CDATA[Israel is now second only to the United States in terms of venture capital funds, with the highest rate of start-up businesses per capita and also the highest ratio of university degrees to population anywhere in the world.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/19/finding-alpha-in-israels-emerging-market/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>No Federal Prohibition on Stealing Code for Trading Infrastructure</title>
		<link>http://allaboutalpha.com/blog/2012/04/18/no-federal-prohibition-on-stealing-code-for-trading-infrastructure/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/18/no-federal-prohibition-on-stealing-code-for-trading-infrastructure/#comments</comments>
		<pubDate>Thu, 19 Apr 2012 00:00:43 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Algorithmic and high-frequency trading]]></category>
		<category><![CDATA[Regulatory]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[algorithmic trading]]></category>
		<category><![CDATA[Alpha]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25657</guid>
		<description><![CDATA[Chief Judge Dennis Jacons said that the statutory language refers on the one hand to products that have “already been introduced into [placed in] the stream of commerce” and on the other hand to those that “are still being developed or readied” [produced for] such placement. The words evoke two distinct sets of products with a sequential relationship to one another, which satisfies well-established rules of statutory construction. The district court had upheld the indictment against challenge along these lines, because the district court had construed the language to include the production of anything whose purpose is “to facilitate or engage in such commerce.” The appeals court panel found error here.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/18/no-federal-prohibition-on-stealing-code-for-trading-infrastructure/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Climate Change Trade: Your Portfolio May Never Look the Same</title>
		<link>http://allaboutalpha.com/blog/2012/04/17/the-climate-change-trade-your-portfolio-may-never-look-the-same/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/17/the-climate-change-trade-your-portfolio-may-never-look-the-same/#comments</comments>
		<pubDate>Wed, 18 Apr 2012 00:00:56 +0000</pubDate>
		<dc:creator>dfriedenberg</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[black swans]]></category>
		<category><![CDATA[cap and trade]]></category>
		<category><![CDATA[climate change]]></category>
		<category><![CDATA[Gernot Wagner]]></category>
		<category><![CDATA[graph temperature and CO2]]></category>
		<category><![CDATA[money talks]]></category>
		<category><![CDATA[tipping points]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24699</guid>
		<description><![CDATA[PM's are used to assessing variables like changes in interest rates, unexpected business competition, disruptive technologies, and a host of known unknowns when making their portfolio decisions.  An interview with Gernot Wagner reveals climate change as an already visible black swan, with an unimagined capacity for disruption..........and opportunity.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/17/the-climate-change-trade-your-portfolio-may-never-look-the-same/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Not Just Fire Sales: Contrarian Hedge Funds Find Alpha</title>
		<link>http://allaboutalpha.com/blog/2012/04/16/not-just-fire-sales-contrarian-hedge-funds-find-alpha/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/16/not-just-fire-sales-contrarian-hedge-funds-find-alpha/#comments</comments>
		<pubDate>Tue, 17 Apr 2012 00:04:34 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Hunters]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Hedge Fund Strategies]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[active management]]></category>
		<category><![CDATA[alpha generation]]></category>
		<category><![CDATA[alternative investment]]></category>
		<category><![CDATA[hedge fund]]></category>
		<category><![CDATA[hedge funds]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25638</guid>
		<description><![CDATA[Although distressed“fire sales” are fewer in some periods than in others, it is true all around the business cycle that mutual fund managers face constraints related to the need “to cater to investors by investing in the hot stocks and by having a strong positive correlation  between their flow and the value of the assets in which they invest,” as a new academic paper explains. Hedge funds, with their more professional investors, their deliberate opacity, and their constraints upon withdrawal, aren’t subject to those constraints. Thus, when mutual funds are constrained to follow a trend, hedge funds are in a position to be contrarians.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/16/not-just-fire-sales-contrarian-hedge-funds-find-alpha/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>EDHEC: SWFs and Their Implicit Liabilities</title>
		<link>http://allaboutalpha.com/blog/2012/04/15/edhec-swfs-and-their-implicit-liabilities/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/15/edhec-swfs-and-their-implicit-liabilities/#comments</comments>
		<pubDate>Mon, 16 Apr 2012 00:06:54 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Forex]]></category>
		<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[alternative investment]]></category>
		<category><![CDATA[alternative investments]]></category>
		<category><![CDATA[forex]]></category>
		<category><![CDATA[institutional investing]]></category>
		<category><![CDATA[institutional investors]]></category>
		<category><![CDATA[SWF]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25597</guid>
		<description><![CDATA[SWFs are distinct from pension funds at least in this sense, there are broadly speaking no explicit liabilities. There is no ongoing schedule of payments an SWF is responsible for making, for example. Nonetheless, there are clearly implicit liabilities. On this the point nearly all (92 percent) of survey respondents concurred, saying that implicit liabilities, arising from the objectives of the fund, must be taken into account in managers’ plans.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/15/edhec-swfs-and-their-implicit-liabilities/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A Battle Cry for Hedge Funds—Separate but not Equal</title>
		<link>http://allaboutalpha.com/blog/2012/04/12/a-battle-cry-for-hedge-funds%e2%80%94separate-but-not-equal/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/12/a-battle-cry-for-hedge-funds%e2%80%94separate-but-not-equal/#comments</comments>
		<pubDate>Fri, 13 Apr 2012 00:25:24 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Hedge Fund Regulation]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[hedge fund]]></category>
		<category><![CDATA[hedge fund industry trends]]></category>
		<category><![CDATA[hedge fund regulation]]></category>
		<category><![CDATA[hedge funds]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25609</guid>
		<description><![CDATA[Diane Harrison examines the state of the hedge fund industry and regulation.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/12/a-battle-cry-for-hedge-funds%e2%80%94separate-but-not-equal/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Axioma: Make Only the Bets You Intend to Make</title>
		<link>http://allaboutalpha.com/blog/2012/04/11/axioma-make-only-the-bets-you-intend-to-make/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/11/axioma-make-only-the-bets-you-intend-to-make/#comments</comments>
		<pubDate>Thu, 12 Apr 2012 00:00:52 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Risk management]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[risk managment]]></category>
		<category><![CDATA[risk mitigation]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25612</guid>
		<description><![CDATA[AllAboutAlpha discusses alpha, risk and constraints with Axioma CEO Dr. Sebastián Ceria.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/11/axioma-make-only-the-bets-you-intend-to-make/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>How Institutional Investors Can Make Money in Private Equity</title>
		<link>http://allaboutalpha.com/blog/2012/04/10/how-institutional-investor-can-make-money-in-private-equity/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/10/how-institutional-investor-can-make-money-in-private-equity/#comments</comments>
		<pubDate>Wed, 11 Apr 2012 00:00:56 +0000</pubDate>
		<dc:creator>AAA Staff</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[alternative investment]]></category>
		<category><![CDATA[Canadian public pension funds]]></category>
		<category><![CDATA[pension funds]]></category>
		<category><![CDATA[private equity]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25573</guid>
		<description><![CDATA[It looks like the pension funds are worse off than if they had stuck to vanilla bonds and stocks, not least because of the management fees they pay to alternative investment managers.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/10/how-institutional-investor-can-make-money-in-private-equity/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>EDHEC on CDS Speculators and Eurozone Bonds</title>
		<link>http://allaboutalpha.com/blog/2012/04/09/edhec-on-cds-speculators-and-eurozone-bonds/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/09/edhec-on-cds-speculators-and-eurozone-bonds/#comments</comments>
		<pubDate>Tue, 10 Apr 2012 01:25:58 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Academic Research]]></category>
		<category><![CDATA[Timely Research]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[CDS]]></category>
		<category><![CDATA[European debt crisis]]></category>
		<category><![CDATA[Eurozone]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25563</guid>
		<description><![CDATA[The relationship between two markets that O’Kane posits might almost be taken as a paradigm of the difference between Granger causation and physical causation. Consider the case of two distinct radar systems, one better at long range detection than the other. The superior radar system will detect an incoming airplane before the inferior system will. Thus, there will be a relationship of Granger causation between the detection of a particular blip on the better system and its detection on the other system. If we see an incoming blip on the better system we will be able to predict that it will soon show up on the inferior system. It doesn’t follow, though, that the one radar is physically causing anything to happen to the other radar. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/09/edhec-on-cds-speculators-and-eurozone-bonds/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Video: Mark O&#8217;Hare, Founder &amp; CEO, Preqin</title>
		<link>http://allaboutalpha.com/blog/2012/04/08/video-mark-ohare-founder-ceo-preqin/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/08/video-mark-ohare-founder-ceo-preqin/#comments</comments>
		<pubDate>Mon, 09 Apr 2012 00:00:13 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Featured Post]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Video]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25558</guid>
		<description><![CDATA[Mark O'Hare, Founder &#38; CEO, Preqin, discusses the future of alternative investments and their role in institutional portfolios, private equity, data transparency, and the need for education in the alternative investment industry.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/08/video-mark-ohare-founder-ceo-preqin/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Endowments Should Prepare for Risks of Deflation</title>
		<link>http://allaboutalpha.com/blog/2012/04/04/endowments-should-prepare-for-risks-of-deflation/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/04/endowments-should-prepare-for-risks-of-deflation/#comments</comments>
		<pubDate>Thu, 05 Apr 2012 00:32:53 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Endowments & Foundations]]></category>
		<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Risk management]]></category>
		<category><![CDATA[Timely Research]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[endowments]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[institutional investing]]></category>
		<category><![CDATA[staglfation]]></category>
		<category><![CDATA[University of Chicago]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25503</guid>
		<description><![CDATA[Traditionally, the endowment model has involved holding illiquid assets, and benefitting from the premiums that markets pay institutions with a tolerance for illiquidity. Further, this self-image of endowments as buy-and-hold institutions leads to a de-emphasis of risk management, in the expectation that near term zigs and zags will level out nicely if given enough time. Mark Schmid and Que Nguyen, both of the University of Chicago, break with this model in a recent paper. They say, “While we continue to pursue strong returns, we must do so without taking on excessive risk to the University."]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/04/endowments-should-prepare-for-risks-of-deflation/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Looking for Abnormal Market Activity</title>
		<link>http://allaboutalpha.com/blog/2012/04/03/looking-for-abnormal-market-activity/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/03/looking-for-abnormal-market-activity/#comments</comments>
		<pubDate>Wed, 04 Apr 2012 00:00:40 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Algorithmic and high-frequency trading]]></category>
		<category><![CDATA[Derivatives]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[otc derivatives]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25496</guid>
		<description><![CDATA[Cinnober has sold a customized form of its Scila Surveillance software -- a product designed to detect abnormal market behavior -- to the Qatar Exchange. One of the purposes of Scila Surveillance is the detection of harmful variants of algorithmic trading, such as the trading "snipers" who drive off market makers and reduce liquidity. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/03/looking-for-abnormal-market-activity/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A Paradox: Avoid Correlation by Following the Trends</title>
		<link>http://allaboutalpha.com/blog/2012/04/02/a-paradox-avoid-correlation-by-following-the-trends/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/02/a-paradox-avoid-correlation-by-following-the-trends/#comments</comments>
		<pubDate>Tue, 03 Apr 2012 00:07:07 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[CTA]]></category>
		<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Alpha]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[alternative investment]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[commodity pricing]]></category>
		<category><![CDATA[Commonfund]]></category>
		<category><![CDATA[institutional investing]]></category>
		<category><![CDATA[institutional investors]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25518</guid>
		<description><![CDATA[According to its advocates, trend following as a strategy works from the premise that price trends represent a process of consensus building. As a new idea takes hold, "the earliest adopters of this idea place their trades in accordance with it" and they get to watch in satisfaction as "a growing mass of market participants adopts the same thesis. Early adopters can surf the wave to the beach.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/02/a-paradox-avoid-correlation-by-following-the-trends/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>From Ring Knockouts to Court Deliberations: How Markets Predict</title>
		<link>http://allaboutalpha.com/blog/2012/04/01/from-ring-knockouts-to-court-deliberations-how-markets-predict/</link>
		<comments>http://allaboutalpha.com/blog/2012/04/01/from-ring-knockouts-to-court-deliberations-how-markets-predict/#comments</comments>
		<pubDate>Mon, 02 Apr 2012 00:00:59 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25539</guid>
		<description><![CDATA[Consider the sort of information that was coming out of the Supreme Court building in Washington as oral arguments over the Patient Protection and Affordable Care Act (ObamaCare) proceeded last week. A lawyer, arguing that the recently enacted health care bill is constitutional under familiar commerce-clause precedents, found himself on the receiving end of rather aggressive questions from a certain Justice. Suppose, then, that you have a substantial investment in a health insurance company, or in a pharmaceutical concern, or in any of the many industries that may be affected directly or indirectly by such a decision. Should this new datum matter to you? And, if so, how do you figure out how much it should matter?]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/04/01/from-ring-knockouts-to-court-deliberations-how-markets-predict/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Alpha Hunter Lauren Templeton on Generating Alpha from Value Investing</title>
		<link>http://allaboutalpha.com/blog/2012/03/29/alpha-hunter-lauren-templeton-on-generating-alpha-from-value-investing/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/29/alpha-hunter-lauren-templeton-on-generating-alpha-from-value-investing/#comments</comments>
		<pubDate>Fri, 30 Mar 2012 00:20:55 +0000</pubDate>
		<dc:creator>vshah</dc:creator>
				<category><![CDATA[Alpha Hunters]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[active management]]></category>
		<category><![CDATA[alternative investment]]></category>
		<category><![CDATA[hedge fund]]></category>
		<category><![CDATA[institutional investing]]></category>
		<category><![CDATA[Lauren Templeton]]></category>
		<category><![CDATA[Sir John Templeton]]></category>
		<category><![CDATA[Templeton Growth Fund]]></category>
		<category><![CDATA[value investing]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25527</guid>
		<description><![CDATA[AllAboutAlpha catches up with Lauren Templeton, great niece of Sir John Templeton to discuss value investing and its alpha potential.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/29/alpha-hunter-lauren-templeton-on-generating-alpha-from-value-investing/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>U.S. Rejoins the Globe, Say Consultants</title>
		<link>http://allaboutalpha.com/blog/2012/03/28/u-s-rejoins-the-globe-say-consultants/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/28/u-s-rejoins-the-globe-say-consultants/#comments</comments>
		<pubDate>Thu, 29 Mar 2012 00:00:20 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[CTA]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Timely Research]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[endowments]]></category>
		<category><![CDATA[foundations]]></category>
		<category><![CDATA[funds of funds]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[investment consultants]]></category>
		<category><![CDATA[pension funds]]></category>
		<category><![CDATA[private equity]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25510</guid>
		<description><![CDATA[Consultants expect that managers' need to generate steady income in a low interest rate environment will drive a lot of portfolio turnover in 2012, inclusive of the movement of alternatives into core positions within portfolios, and it will drive one-time U.S. focused investors and managers to look abroad. Meanwhile, pensions are retreating toward passive mandates. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/28/u-s-rejoins-the-globe-say-consultants/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>The Great Gasoline Trade Behind Pump Prices</title>
		<link>http://allaboutalpha.com/blog/2012/03/27/the-great-gasoline-trade-behind-pump-prices/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/27/the-great-gasoline-trade-behind-pump-prices/#comments</comments>
		<pubDate>Wed, 28 Mar 2012 01:39:25 +0000</pubDate>
		<dc:creator>AAA Staff</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[gas prices]]></category>
		<category><![CDATA[gasoline futures]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25453</guid>
		<description><![CDATA[Futures tell the future, at least as it relates to gas pump prices. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/27/the-great-gasoline-trade-behind-pump-prices/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Conversing with the Oracles of The Daily Delphi</title>
		<link>http://allaboutalpha.com/blog/2012/03/26/conversing-with-the-oracles-of-the-daily-delphi/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/26/conversing-with-the-oracles-of-the-daily-delphi/#comments</comments>
		<pubDate>Tue, 27 Mar 2012 00:00:40 +0000</pubDate>
		<dc:creator>kfox</dc:creator>
				<category><![CDATA[Algorithmic and high-frequency trading]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[algorithmic trading]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[disruptive technology]]></category>
		<category><![CDATA[predicitive marlet technology]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25464</guid>
		<description><![CDATA[The Internet and technology have changed the face of trading forever. To get a glimpse of the future we sat down with the oracles of The Daily Delphi to see what the next newest thing might be.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/26/conversing-with-the-oracles-of-the-daily-delphi/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Video: Cristian Tiu, Assistant Professor of Finance University at Buffalo</title>
		<link>http://allaboutalpha.com/blog/2012/03/25/video-cristian-tiu-assistant-professor-of-finance-university-at-buffalo/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/25/video-cristian-tiu-assistant-professor-of-finance-university-at-buffalo/#comments</comments>
		<pubDate>Mon, 26 Mar 2012 00:00:46 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Featured Post]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25458</guid>
		<description><![CDATA[

From Lynne Feldman, Director of Marketing at the CAIA Association:
Cristian Tiu, Assistant Professor of Finance University at Buffalo; Investment Committee Member, University at Buffalo Foundation, discusses endowment fund issues, including investing in hedge funds, the different types of risk, and meeting the needs of a university budget. Mr. Tiu spoke with Wendy L. Coleman, CAIA, [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/25/video-cristian-tiu-assistant-professor-of-finance-university-at-buffalo/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>McMansions Aren’t Bank Accounts: Now What?</title>
		<link>http://allaboutalpha.com/blog/2012/03/22/mcmansions-aren%e2%80%99t-bank-accounts-now-what/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/22/mcmansions-aren%e2%80%99t-bank-accounts-now-what/#comments</comments>
		<pubDate>Fri, 23 Mar 2012 00:43:57 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Book review]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Milken Institute]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25446</guid>
		<description><![CDATA[The authors of a new book from the Milken Institute contend that one factor working against the recovery of the housing market in the U.S. is that the residential finance system is almost entirely a ward of the federal government, "a situation that cannot be indefinitely sustained without seriously damaging monetary stability and the prospects for a return to long-term growth," they write. It is imperative, these authors believe, that the United States get its private investors involved again in the financing of housing.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/22/mcmansions-aren%e2%80%99t-bank-accounts-now-what/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Pension Funds and Blair’s PFI Legacy</title>
		<link>http://allaboutalpha.com/blog/2012/03/21/pension-funds-and-blair%e2%80%99s-pfi-legacy/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/21/pension-funds-and-blair%e2%80%99s-pfi-legacy/#comments</comments>
		<pubDate>Thu, 22 Mar 2012 00:00:58 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Infrastructure]]></category>
		<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Posting Categories]]></category>
		<category><![CDATA[Social investing]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[active management]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[alternative investment]]></category>
		<category><![CDATA[infrastructure investing]]></category>
		<category><![CDATA[Socially respsonsible investing]]></category>
		<category><![CDATA[Tony Blair]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25438</guid>
		<description><![CDATA[Britain’s Private Finance Initiative has continued through the administrations since Blair’s, and indeed has inspired emulation across the Channel. At the same time, it has stirred up a good deal of criticism, and in November 2011 the Chancellor of the Exchequer announced a plan to reform the PFI. One of the reform proposals is to seek broader participation by pension funds, or in pale bureaucratic jargon, “access a wider range of financing sources.”]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/21/pension-funds-and-blair%e2%80%99s-pfi-legacy/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Too Many Worries or Too Few for Pension Fund Sponsors</title>
		<link>http://allaboutalpha.com/blog/2012/03/20/too-many-worries-or-too-few-for-pension-fund-sponsors/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/20/too-many-worries-or-too-few-for-pension-fund-sponsors/#comments</comments>
		<pubDate>Wed, 21 Mar 2012 01:03:04 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Risk management]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[institutional investors]]></category>
		<category><![CDATA[pension funds]]></category>
		<category><![CDATA[risk]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25427</guid>
		<description><![CDATA[The top four risks facing pension fund sponsors, in the order of importance assigned to them by those sponsors, are: underfunding of liabilities; asset &#038; liability mismatch; asset allocation; meeting return goals. These are the same four goals that were top rated last year. “The year-over-year consistency in the top four risk factors … is not entirely surprising” the study authors say. The consultancy and actuarial firm Milliman lowered the average discount rate from 4.53 percent in November to 4.25 percent in December 2011. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/20/too-many-worries-or-too-few-for-pension-fund-sponsors/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Examiner Reports on an Ongoing Family Saga</title>
		<link>http://allaboutalpha.com/blog/2012/03/19/examiner-reports-on-an-ongoing-family-saga/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/19/examiner-reports-on-an-ongoing-family-saga/#comments</comments>
		<pubDate>Tue, 20 Mar 2012 01:27:41 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Hedge Fund Strategies]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[distressed debt]]></category>
		<category><![CDATA[Dynegy]]></category>
		<category><![CDATA[energy trading]]></category>
		<category><![CDATA[hedge funds]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25418</guid>
		<description><![CDATA[The parent corporation, Dynegy Inc. (NYSE: DYN) did not file for bankruptcy. As of August 31 of last year, Dynegy's only asset was the equity in Dynegy Holdings, which in turn owned various operating subsidiaries. But on September 1, Dynegy Holdings transferred its coal power facilities to Dynegy. Two months later Dynegy Holdings and related entities filed.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/19/examiner-reports-on-an-ongoing-family-saga/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Operational Incubation  The New Standard for Investors and Managers</title>
		<link>http://allaboutalpha.com/blog/2012/03/18/operational-incubation-the-new-standard-for-investors-and-managers/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/18/operational-incubation-the-new-standard-for-investors-and-managers/#comments</comments>
		<pubDate>Mon, 19 Mar 2012 00:22:22 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Seeding/early-stage]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[emerging managers]]></category>
		<category><![CDATA[incubators]]></category>
		<category><![CDATA[seed capital]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25412</guid>
		<description><![CDATA[It's the new asset manager's chicken/egg syndrome. You need a track record to get AUM, but you need AUM to get a track record. What's a new manager to do?]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/18/operational-incubation-the-new-standard-for-investors-and-managers/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Axioma to Quants: Beware of Cherry Picking by Optimizers</title>
		<link>http://allaboutalpha.com/blog/2012/03/15/axioma-to-quants-beware-of-cherry-picking-by-optimizers/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/15/axioma-to-quants-beware-of-cherry-picking-by-optimizers/#comments</comments>
		<pubDate>Fri, 16 Mar 2012 00:40:55 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Algorithmic and high-frequency trading]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[algorithmic trading]]></category>
		<category><![CDATA[Alpha]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[high-frequency trading]]></category>
		<category><![CDATA[risk]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25400</guid>
		<description><![CDATA[Reliance on optimization tools that in turn rely on standard “user risk factors” will make factor alignment worse, caution three executives of Axioma. An optimizer will cherry pick “the aspects of the model of expected returns that it deems desirable when gauged on the yardstick of marginal contribution to systemic risk.” This amounts to making, and betting on, the erroneous assumption that a lack of correlation with the used risk factors is a lack of systemic risk altogether.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/15/axioma-to-quants-beware-of-cherry-picking-by-optimizers/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Catastrophism Versus Darwinism: Dodd-Frank as Climate Change</title>
		<link>http://allaboutalpha.com/blog/2012/03/14/catastrophism-versus-darwinism-dodd-frank-as-climate-change/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/14/catastrophism-versus-darwinism-dodd-frank-as-climate-change/#comments</comments>
		<pubDate>Thu, 15 Mar 2012 00:21:46 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[CTA]]></category>
		<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Hedge Fund Regulation]]></category>
		<category><![CDATA[Hedge Fund Strategies]]></category>
		<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[Retail Investing]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Grant Thornton]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[private equity]]></category>
		<category><![CDATA[registered investment advisors]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25353</guid>
		<description><![CDATA[The Grant Thornton paper maintains that the asset management industry achieved "performance and operational efficiencies" during 2011, and this sounds like the sort of marginal adaptation that play a large part in Charles Darwins' writings, to which GT's Winstoin Wilson alluded. But ... the report also treats the regulatory environment as a meteor, capable of wiping out even the best-adapted of pre-collision dinosaurs. So "the Darwinian process" is an odd label for what it describes. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/14/catastrophism-versus-darwinism-dodd-frank-as-climate-change/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>John Bogle, Topsy Co-Founder Rishab Ghosh Speak at Bloomberg Conference</title>
		<link>http://allaboutalpha.com/blog/2012/03/13/john-bogle-topsy-founder-speak-at-bloomberg-conference/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/13/john-bogle-topsy-founder-speak-at-bloomberg-conference/#comments</comments>
		<pubDate>Wed, 14 Mar 2012 00:08:41 +0000</pubDate>
		<dc:creator>dfriedenberg</dc:creator>
				<category><![CDATA[Conference report]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[carried interest]]></category>
		<category><![CDATA[hedge fund underperformance]]></category>
		<category><![CDATA[HFT]]></category>
		<category><![CDATA[John Bogle]]></category>
		<category><![CDATA[Rishab Ghosh]]></category>
		<category><![CDATA[Topsy]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25378</guid>
		<description><![CDATA[AllAboutAlpha.com attends and reports on a Bloomberg "Manager Mash-up." Vanguard's John Bogle tells a few "truths" and Topsy Founder Rishab Ghosh talks Twitter.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/13/john-bogle-topsy-founder-speak-at-bloomberg-conference/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>What Do Day-One/Early-Stage Investors Want?</title>
		<link>http://allaboutalpha.com/blog/2012/03/12/what-do-the-day-oneearly-stage-investors-want/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/12/what-do-the-day-oneearly-stage-investors-want/#comments</comments>
		<pubDate>Tue, 13 Mar 2012 01:00:50 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Hedge Fund Strategies]]></category>
		<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Seeding/early-stage]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[alternative investment]]></category>
		<category><![CDATA[alternative investments]]></category>
		<category><![CDATA[Citi]]></category>
		<category><![CDATA[Citibank]]></category>
		<category><![CDATA[Citigroup]]></category>
		<category><![CDATA[early-stage capital]]></category>
		<category><![CDATA[hedge fund]]></category>
		<category><![CDATA[hedge fund performance]]></category>
		<category><![CDATA[institutional investing]]></category>
		<category><![CDATA[institutional investors]]></category>
		<category><![CDATA[seeding]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25356</guid>
		<description><![CDATA[Funds of funds dominate the world of institutional investors in Day 1 or early stage (D1/ES) hedge funds, and they do so for a simple reason. That is their business model. They exist to invest in hedge funds, and their goal is to be fully invested at all times, not to have a lot of money sitting around as cash. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/12/what-do-the-day-oneearly-stage-investors-want/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Video: Ken Shoji, Founder &amp; Managing Partner, Stissing Lake Advisors</title>
		<link>http://allaboutalpha.com/blog/2012/03/11/video-ken-shoji-founder-managing-partner-stissing-lake-advisors/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/11/video-ken-shoji-founder-managing-partner-stissing-lake-advisors/#comments</comments>
		<pubDate>Mon, 12 Mar 2012 00:38:59 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Risk management]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Video]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25360</guid>
		<description><![CDATA[

From Lynne Feldman, Director of Marketing at the CAIA Association:
Ken Shoji, Chief Operating Officer, GSB Podium Advisors LLC, discusses risk management in hedge funds, including measurement, analysis, and reporting; liquidity management; risk budgeting and allocation; and tail risk strategies . Mr. Shoji spoke with Wendy L. Coleman, CAIA, CFA, FRM, Senior Advisor to the CAIA [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/11/video-ken-shoji-founder-managing-partner-stissing-lake-advisors/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Algo Trading: Life in the Cross-Hairs</title>
		<link>http://allaboutalpha.com/blog/2012/03/08/algo-trading-life-in-the-cross-hairs/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/08/algo-trading-life-in-the-cross-hairs/#comments</comments>
		<pubDate>Thu, 08 Mar 2012 18:17:28 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Algorithmic and high-frequency trading]]></category>
		<category><![CDATA[Hedge Fund Regulation]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[active management]]></category>
		<category><![CDATA[algorithmic trading]]></category>
		<category><![CDATA[CFTC]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[commodity pricing]]></category>
		<category><![CDATA[high-frequency trading]]></category>
		<category><![CDATA[institutional investors]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25336</guid>
		<description><![CDATA[Three lawyers with Covington &#038; Burlington write about the new intensified scrutiny to which regulators are subjecting algorihtmic and high frequency trading. They place it in the context of an old dispute over what constitutes market manipulation. According to the broadest view, if a trader's 'sole intent' in making even a quite ordinary buy or sell order is to move the price, then the resulting trade is market manipulation.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/08/algo-trading-life-in-the-cross-hairs/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Yes, the Bubble Burst: That’s What Bubbles Do</title>
		<link>http://allaboutalpha.com/blog/2012/03/07/yes-the-bubble-burst-that%e2%80%99s-what-bubbles-do/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/07/yes-the-bubble-burst-that%e2%80%99s-what-bubbles-do/#comments</comments>
		<pubDate>Thu, 08 Mar 2012 01:25:12 +0000</pubDate>
		<dc:creator>AAA Staff</dc:creator>
				<category><![CDATA[Book review]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25287</guid>
		<description><![CDATA[The lending encouraged by the monetary policies of a Greenspan or a Bernanke “was bound to put money into the hands of people who didn’t know what to do with it,” writes the author of a new book. The consequences of such lax policies are what we have witnessed since 2007. Bubbles eventually burst, simply because that is what bubbles do. It is better to stop blowing them than to look about for a needle to blame for the prick.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/07/yes-the-bubble-burst-that%e2%80%99s-what-bubbles-do/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Final CFTC Rule Limits Registration Exemptions for Commodity Pools</title>
		<link>http://allaboutalpha.com/blog/2012/03/06/final-cftc-rule-limits-registration-exemptions-for-commodity-pools/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/06/final-cftc-rule-limits-registration-exemptions-for-commodity-pools/#comments</comments>
		<pubDate>Wed, 07 Mar 2012 01:44:09 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[CTA]]></category>
		<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Hedge Fund Regulation]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[CFTC]]></category>
		<category><![CDATA[commodities]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25326</guid>
		<description><![CDATA[With the enactment of the Dodd-Frank Act (more formally the Wall Street Reform and Consumer Protection Act) in 2010, Congress demanded change. It did not specifically demand changes in the rules relating to CPOs, but it did demand that the SEC change certain rules regarding hedge fund advisors, and the CFTC has decided that a reconsideration of the CPO rules is “consistent with the tenor of the provisions” of that act because the “sources of risk delineated in the Dodd-Frank Act with respect to private funds are also presented by commodity pools.”]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/06/final-cftc-rule-limits-registration-exemptions-for-commodity-pools/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>PwC on Public Pension Managers Who ‘Do’ Hedge Funds</title>
		<link>http://allaboutalpha.com/blog/2012/03/05/pwc-on-public-pension-managers-who-%e2%80%98do%e2%80%99-hedge-funds/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/05/pwc-on-public-pension-managers-who-%e2%80%98do%e2%80%99-hedge-funds/#comments</comments>
		<pubDate>Tue, 06 Mar 2012 01:07:31 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Hedge Fund Strategies]]></category>
		<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Investment Management Fees]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[active management]]></category>
		<category><![CDATA[Alpha]]></category>
		<category><![CDATA[alternative investment]]></category>
		<category><![CDATA[alternative investments]]></category>
		<category><![CDATA[hedge fund]]></category>
		<category><![CDATA[hedge fund performance]]></category>
		<category><![CDATA[institutional investing]]></category>
		<category><![CDATA[institutional investors]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25301</guid>
		<description><![CDATA[The question in 2012 is not whether hedge funds (and other alternative investment vehicles) can attract pension funds, but how they should go about it. Alternatives managers will benefit most from the heightened interest of pension funds if they address the continuing concerns of their pension fund colleagues. For example, pension fund managers are well aware that investment in exotic and illiquid products is something hedge funds do, and they know that these products can help make a quick exit impossible. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/05/pwc-on-public-pension-managers-who-%e2%80%98do%e2%80%99-hedge-funds/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Conviction Versus Clarity—A Difference With a Distinction</title>
		<link>http://allaboutalpha.com/blog/2012/03/04/conviction-versus-clarity%e2%80%94a-difference-with-a-distinction/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/04/conviction-versus-clarity%e2%80%94a-difference-with-a-distinction/#comments</comments>
		<pubDate>Mon, 05 Mar 2012 01:44:46 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Alpha]]></category>
		<category><![CDATA[alternative investment]]></category>
		<category><![CDATA[alternative investments]]></category>
		<category><![CDATA[Asset Managers]]></category>
		<category><![CDATA[correlation]]></category>
		<category><![CDATA[hedge fund]]></category>
		<category><![CDATA[hedge fund performance]]></category>
		<category><![CDATA[institutional investing]]></category>
		<category><![CDATA[institutional investors]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25319</guid>
		<description><![CDATA[Emerging managers want and need investors and investors reputedly are sitting on cash looking for opportunities. So why aren't the two managing to get together?]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/04/conviction-versus-clarity%e2%80%94a-difference-with-a-distinction/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Alpha Hunter Louis-Vincent Gave on Opportunities in China</title>
		<link>http://allaboutalpha.com/blog/2012/03/01/alpha-hunter-louis-vincent-gave-on-opportunities-in-china/</link>
		<comments>http://allaboutalpha.com/blog/2012/03/01/alpha-hunter-louis-vincent-gave-on-opportunities-in-china/#comments</comments>
		<pubDate>Fri, 02 Mar 2012 01:04:55 +0000</pubDate>
		<dc:creator>vshah</dc:creator>
				<category><![CDATA[Alpha Hunters]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[alternative investment]]></category>
		<category><![CDATA[alternative investments]]></category>
		<category><![CDATA[Asian hedge funds]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[GaveKal]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25183</guid>
		<description><![CDATA["We're seeing a cycle where China is now a leader, and experiences the biggest rates of marginal growth in the world.   That is already a game-changer which has had a disproportionate impact on emerging markets than developed ones."--Louis-Vincent Gave]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/03/01/alpha-hunter-louis-vincent-gave-on-opportunities-in-china/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Alix Capital: Market Neutral Up, Fixed Income Down</title>
		<link>http://allaboutalpha.com/blog/2012/02/29/alix-capital-market-neutral-up-fixed-income-down-2/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/29/alix-capital-market-neutral-up-fixed-income-down-2/#comments</comments>
		<pubDate>Thu, 01 Mar 2012 01:22:54 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[UCITS]]></category>
		<category><![CDATA[Alpha]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[alternative investment]]></category>
		<category><![CDATA[alternative investments]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[Global macro]]></category>
		<category><![CDATA[hedge fund]]></category>
		<category><![CDATA[hedge fund performance]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[institutional investors]]></category>
		<category><![CDATA[UCITs]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25274</guid>
		<description><![CDATA[After a survey of recipients of the UCITS Alternative Index, the UAI Industry Survey Q1 2012, Alix Capital reports that  majorities expressed satisfaction with the current level of allocation for certain strategies:  commodities, emerging markets, forex, and macro global strategies. But there was a lot of interest in increasing allocations to CTAs, equity market neutral, and volatility-based strategies. The strategy that receives the largest negative response (largest intended reduction in portfolio allocation) is fixed income.  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/29/alix-capital-market-neutral-up-fixed-income-down-2/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Shifting Hedge Fund Landscape: Operations and Due Diligence</title>
		<link>http://allaboutalpha.com/blog/2012/02/28/the-shifting-hedge-fund-landscape-operations-and-due-diligence/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/28/the-shifting-hedge-fund-landscape-operations-and-due-diligence/#comments</comments>
		<pubDate>Wed, 29 Feb 2012 01:30:47 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[active management]]></category>
		<category><![CDATA[Alpha]]></category>
		<category><![CDATA[alternative investments]]></category>
		<category><![CDATA[hedge fund performance]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[institutional investing]]></category>
		<category><![CDATA[institutional investors]]></category>
		<category><![CDATA[SEI]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25263</guid>
		<description><![CDATA[One crucial takeaway from SEI's latest is that "the quality of operations is a major consideration in institutions' screening and evaluation of hedge funds." Eighty percent of respondents agreed with the observation that "operational strength is a hallmark of an institutional-quality hedge fund." One quarter of those say they agree "strongly." Only three percent disagree.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/28/the-shifting-hedge-fund-landscape-operations-and-due-diligence/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Aleynikov Released: Second Circuit Doesn’t Love a Wall</title>
		<link>http://allaboutalpha.com/blog/2012/02/27/aleynikov-released-second-circuit-doesn%e2%80%99t-love-a-wall/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/27/aleynikov-released-second-circuit-doesn%e2%80%99t-love-a-wall/#comments</comments>
		<pubDate>Tue, 28 Feb 2012 01:00:47 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Algorithmic and high-frequency trading]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Hedge Fund Strategies]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[algorithmic trading]]></category>
		<category><![CDATA[high-frequency trading]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25187</guid>
		<description><![CDATA[Some managers of HFT or algorithmic funds must have felt some relief upon the arrest of Sergey Aleynikov in July 2009, his conviction in December 2010, or his imprisonment the following March. Programmers in the financial world were put on notice that criminal prosecution was among the possible consequences were they to treat their knowledge of their employer's edge as a marketable commodity. Thus, the news on Friday [February 17, 2012] that Aleynikov is now a free man came as something of a jolt. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/27/aleynikov-released-second-circuit-doesn%e2%80%99t-love-a-wall/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Video: David Rogers, Founding Partner of Caledon Capital Management on the Role of Alternatives</title>
		<link>http://allaboutalpha.com/blog/2012/02/26/david-rogers-founding-partner-of-caledon-capital-management-on-the-role-of-alternatives/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/26/david-rogers-founding-partner-of-caledon-capital-management-on-the-role-of-alternatives/#comments</comments>
		<pubDate>Mon, 27 Feb 2012 00:00:48 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Featured Post]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25233</guid>
		<description><![CDATA[

From Lynne Feldman, Director of Marketing at the CAIA Association:
David Rogers, CA, CBV, Founding Partner, Caledon Capital Management, discusses constructing an institutional portfolio with private equity, what premium above public markets institutional clients are seeking from private equity, and infrastructure investing. Mr. Rogers spoke with Wendy L. Coleman, CAIA, CFA, FRM, Senior Advisor to the [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/26/david-rogers-founding-partner-of-caledon-capital-management-on-the-role-of-alternatives/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Euro Crisis &#8211; An Interview with Larry Hatheway, UBS Chief Economist</title>
		<link>http://allaboutalpha.com/blog/2012/02/23/the-euro-crisis-an-interview-with-larry-hatheway-ubs-chief-economist/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/23/the-euro-crisis-an-interview-with-larry-hatheway-ubs-chief-economist/#comments</comments>
		<pubDate>Fri, 24 Feb 2012 00:30:36 +0000</pubDate>
		<dc:creator>vshah</dc:creator>
				<category><![CDATA[Alpha Hunters]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[IMF]]></category>
		<category><![CDATA[Larry Hatheway]]></category>
		<category><![CDATA[UBS]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25176</guid>
		<description><![CDATA[In September 2011 the IMF estimated that roughly half of the Euro Zone's $9 trillion in outstanding government debt was now at 'heightened credit risk'. This is a crisis which billionaire investor George Soros has described as, "...a more dangerous situation now than in 2008.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/23/the-euro-crisis-an-interview-with-larry-hatheway-ubs-chief-economist/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>American Healthcare:  Under All the Noise, Psilos Finds Cost-Effective Solutions</title>
		<link>http://allaboutalpha.com/blog/2012/02/22/american-healthcare-under-all-the-noise-psilos-finds-cost-effective-solutions/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/22/american-healthcare-under-all-the-noise-psilos-finds-cost-effective-solutions/#comments</comments>
		<pubDate>Thu, 23 Feb 2012 01:20:04 +0000</pubDate>
		<dc:creator>dfriedenberg</dc:creator>
				<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[biotech]]></category>
		<category><![CDATA[costs of chronic illness]]></category>
		<category><![CDATA[healthcare cost reductions]]></category>
		<category><![CDATA[Lisa Suennen]]></category>
		<category><![CDATA[PatientSafe Solutions]]></category>
		<category><![CDATA[pharma]]></category>
		<category><![CDATA[Psilos]]></category>
		<category><![CDATA[SeeChange Health]]></category>
		<category><![CDATA[Venture capital]]></category>
		<category><![CDATA[venturevalkyrie]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25142</guid>
		<description><![CDATA[Lisa Suennen of Psilos Group discusses the new wave in healthcare venture capital: improved care quality while reducing costs.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/22/american-healthcare-under-all-the-noise-psilos-finds-cost-effective-solutions/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Taking A Global Look at Risk and Correlations</title>
		<link>http://allaboutalpha.com/blog/2012/02/21/taking-a-global-look-at-risk-and-correlations/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/21/taking-a-global-look-at-risk-and-correlations/#comments</comments>
		<pubDate>Wed, 22 Feb 2012 01:33:39 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Risk management]]></category>
		<category><![CDATA[Timely Research]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[China economy]]></category>
		<category><![CDATA[European Union]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25123</guid>
		<description><![CDATA[Comparing the different editions of the Axioma Quarterly Risk Review for 4th Quarter 2011 leaves some fascinating insights. For example, it is becoming more difficult over time, in much of the world, for investors to create significant diversification within the (domestic) equity portion of their portfolio, because the correlations of stock pairs have been increasing.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/21/taking-a-global-look-at-risk-and-correlations/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>The Volcker Rule: Return of the Fabulous Fab</title>
		<link>http://allaboutalpha.com/blog/2012/02/20/the-volcker-rule-return-of-the-fabulous-fab/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/20/the-volcker-rule-return-of-the-fabulous-fab/#comments</comments>
		<pubDate>Tue, 21 Feb 2012 00:30:38 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Regulatory]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Alpha]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Dodd-Frank]]></category>
		<category><![CDATA[Paul Volcker]]></category>
		<category><![CDATA[Volcker Rule]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25150</guid>
		<description><![CDATA[Because of the furor over ABACUS and analogous transactions, the legislative mandate of the Volcker rule came to include a section 619, telling the SEC to ban underwriters or sponsors of asset-backed securities from engaging “in any transaction that would involve or result in any material conflict of interest with respect to any investor in a transaction arising out of such activity.” On Monday, February 13, the final day for comment on the proposed rule, some of the more fascinating comments spoke to this issue.  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/20/the-volcker-rule-return-of-the-fabulous-fab/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Two Views on the Banks</title>
		<link>http://allaboutalpha.com/blog/2012/02/20/two-views-on-the-banks/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/20/two-views-on-the-banks/#comments</comments>
		<pubDate>Tue, 21 Feb 2012 00:26:39 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Regulatory]]></category>
		<category><![CDATA[Timely Research]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Alpha]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Dodd-Frank]]></category>
		<category><![CDATA[Paul Volcker]]></category>
		<category><![CDATA[Volcker Rule]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24135</guid>
		<description><![CDATA[In keeping with our mission to provide a marketplace of ideas, today's post presents two views of a paper that deals with the banking rules, which directly affect the core of the financial services industry and its future stability.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/20/two-views-on-the-banks/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>James Rickards on the Huge Threats to the Financial Markets</title>
		<link>http://allaboutalpha.com/blog/2012/02/16/james-rickards-on-the-huge-threats-to-the-financial-markets/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/16/james-rickards-on-the-huge-threats-to-the-financial-markets/#comments</comments>
		<pubDate>Fri, 17 Feb 2012 01:42:00 +0000</pubDate>
		<dc:creator>vshah</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[black swans]]></category>
		<category><![CDATA[Currency Wars]]></category>
		<category><![CDATA[James Rickard]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25115</guid>
		<description><![CDATA[James Rickards is a global expert on financial markets and global security.  In this exclusive interview, he discusses some of the massive threats our financial markets face (internally and externally) and explains why he thinks "….all the tools in modern finance are basically false science.  "]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/16/james-rickards-on-the-huge-threats-to-the-financial-markets/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>When the Boss is the Rogue Trader</title>
		<link>http://allaboutalpha.com/blog/2012/02/15/when-the-boss-is-the-rogue-trader/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/15/when-the-boss-is-the-rogue-trader/#comments</comments>
		<pubDate>Thu, 16 Feb 2012 01:53:23 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Risk management]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Jon Corzine]]></category>
		<category><![CDATA[MF Global]]></category>
		<category><![CDATA[risk]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25009</guid>
		<description><![CDATA[The Global Association of Risk Professionals has surveyed risk managers, analysts and academics to get a sense of the implications of the demise of MF Global Holdings for the role of risk managers. Its findings add to a growing sense that the firm’s last chief executive, Jon Corzine, a former New Jersey Governor and U.S. Senator, was an edge-dwelling trader at heart, eager (as Dealbook put it in an analysis in December) to play a “hands-on role in the firm’s high-stakes risk-taking;” indeed, a man enmeshed in a “romance with risk.”]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/15/when-the-boss-is-the-rogue-trader/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Average College Endowment Performance Improves and Size Matters</title>
		<link>http://allaboutalpha.com/blog/2012/02/14/average-college-endowment-performance-improves-and-size-matters/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/14/average-college-endowment-performance-improves-and-size-matters/#comments</comments>
		<pubDate>Wed, 15 Feb 2012 01:30:09 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Investment Management Fees]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Commonfund]]></category>
		<category><![CDATA[endowments]]></category>
		<category><![CDATA[foundations]]></category>
		<category><![CDATA[institutional investing]]></category>
		<category><![CDATA[institutional investors]]></category>
		<category><![CDATA[NACUBO]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25072</guid>
		<description><![CDATA[Data on the endowments of institutions of higher learning shows a significant spread between the performance of the largest endowments and the lagging performance of the smaller. The return that endowments received on their use of alternative strategies, too, depends in part upon the size of the endowment doing the investing. Endowments under $25 million in assets under management made only 9.5 percent on this asset class in FY 2011, while those with more than $1 billion in AUM made a 16.9 percent return hunting in the same jungles.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/14/average-college-endowment-performance-improves-and-size-matters/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Topsy Filters Twitter Investment Signals so Investors Get Tomorrow&#8217;s News Today</title>
		<link>http://allaboutalpha.com/blog/2012/02/13/topsy-filters-twitter-investment-signals-so-investors-get-tomorrows-news/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/13/topsy-filters-twitter-investment-signals-so-investors-get-tomorrows-news/#comments</comments>
		<pubDate>Tue, 14 Feb 2012 01:19:09 +0000</pubDate>
		<dc:creator>dfriedenberg</dc:creator>
				<category><![CDATA[Alpha Hunters]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Erin Collard]]></category>
		<category><![CDATA[Predictive Linguistics]]></category>
		<category><![CDATA[Rishab Aiter Ghosh]]></category>
		<category><![CDATA[Technical Analysis]]></category>
		<category><![CDATA[Topsy Labs]]></category>
		<category><![CDATA[Twitter Analysis]]></category>
		<category><![CDATA[Twitterverse]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25104</guid>
		<description><![CDATA[Alpha is often found in the company of those investors who are earliest in seeing the first hints of future events unfolding.  Topsy is a new source of that capability.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/13/topsy-filters-twitter-investment-signals-so-investors-get-tomorrows-news/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Democracy in Greece</title>
		<link>http://allaboutalpha.com/blog/2012/02/13/democracy-in-greece/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/13/democracy-in-greece/#comments</comments>
		<pubDate>Mon, 13 Feb 2012 18:24:44 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Guest Posts]]></category>
		<category><![CDATA[Letter to the Editor]]></category>
		<category><![CDATA[Greek crisis]]></category>
		<category><![CDATA[Greek debt]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25060</guid>
		<description><![CDATA[
Letter to the Editor
&#8211;John Brynjolfsson
The intransigence of the Greek populace is no secret, or covert  underground fringe movement. It&#8217;s near universal, but for 199  parliamentarians.
Though the EU is trying to set up escrow accounts and other controls, it  is time for EU to openly acknowledge what EU&#8217;s decisions over past six  [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/13/democracy-in-greece/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Video: Erik Knutzen of NEPC Speaks on the Role of Alternatives</title>
		<link>http://allaboutalpha.com/blog/2012/02/12/video-erik-knutzen-of-nepc-speaks-on-the-role-of-alternatives/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/12/video-erik-knutzen-of-nepc-speaks-on-the-role-of-alternatives/#comments</comments>
		<pubDate>Mon, 13 Feb 2012 00:22:46 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Featured Post]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Alpha]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[institutional investing]]></category>
		<category><![CDATA[New England Pension Consultants]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=25018</guid>
		<description><![CDATA[

From Lynne Feldman, Director of Marketing at the CAIA Association:
Introducing CAIA Conversations, a series of interviews with leading alternative investment experts that showcases current viewpoints on the alternative assets covered by the CAIA curriculum.
The series launches with Erik L. Knutzen, CAIA, CFA, Chief Investment Officer, NEPC, who comments on the changing role of alternatives strategies [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/12/video-erik-knutzen-of-nepc-speaks-on-the-role-of-alternatives/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Crumbled Portfolios Look to Rebuild with Infrastructure Investments</title>
		<link>http://allaboutalpha.com/blog/2012/02/09/crumbled-portfolios-look-to-rebuild-with-infrastructure-investments/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/09/crumbled-portfolios-look-to-rebuild-with-infrastructure-investments/#comments</comments>
		<pubDate>Fri, 10 Feb 2012 01:35:50 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Infrastructure]]></category>
		<category><![CDATA[Today's Post]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24998</guid>
		<description><![CDATA[Infrastructure is a perpetual investment, whether it's rebuilding old, existing underpinnings in developed markets or building the foundations that turn an emerging nation into a developing one. Preqin looks at this lesser known investment that underpins many alternative portfolios.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/09/crumbled-portfolios-look-to-rebuild-with-infrastructure-investments/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Private Equity: Sometimes you get what you need&#8230;</title>
		<link>http://allaboutalpha.com/blog/2012/02/08/private-equity-sometimes-you-get-what-you-need/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/08/private-equity-sometimes-you-get-what-you-need/#comments</comments>
		<pubDate>Thu, 09 Feb 2012 01:18:33 +0000</pubDate>
		<dc:creator>kfox</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[private equity]]></category>
		<category><![CDATA[private equity markets]]></category>
		<category><![CDATA[private equity performance]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24970</guid>
		<description><![CDATA[2011 was the year private equity managers learned to accept that what they got even if it wasn't always quite what they wanted. Investors talk about what they want and need in 2012.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/08/private-equity-sometimes-you-get-what-you-need/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>What Were They Thinking? From MF Global to Raj &amp; Bernie to LTCM&#8230;</title>
		<link>http://allaboutalpha.com/blog/2012/02/07/what-were-they-thinking-from-mf-global-to-raj-bernie-to-ltcm/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/07/what-were-they-thinking-from-mf-global-to-raj-bernie-to-ltcm/#comments</comments>
		<pubDate>Wed, 08 Feb 2012 01:16:22 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Hedge Fund Operations and Risk Management]]></category>
		<category><![CDATA[Risk management]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[behavioral finance]]></category>
		<category><![CDATA[Bernie Madoff]]></category>
		<category><![CDATA[MF Global]]></category>
		<category><![CDATA[regret theory]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24962</guid>
		<description><![CDATA[The right question is not what were they thinking, but what were they feeling? Get organized about detailing what feelings are being acted out and you’ve landed on the missing link in risk prediction.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/07/what-were-they-thinking-from-mf-global-to-raj-bernie-to-ltcm/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>OTC Derivatives: Terrain Shifts to Favored Emerging Market Jurisdictions</title>
		<link>http://allaboutalpha.com/blog/2012/02/06/otc-derivatives-terrain-shifts-to-favored-emerging-market-jurisdictions/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/06/otc-derivatives-terrain-shifts-to-favored-emerging-market-jurisdictions/#comments</comments>
		<pubDate>Tue, 07 Feb 2012 01:12:16 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[emerging markets]]></category>
		<category><![CDATA[OTC]]></category>
		<category><![CDATA[otc derivatives]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24952</guid>
		<description><![CDATA[Emerging OTC derivatives in the emerging markets of Latin America and Asia are just one more sign that these countries are growing up.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/06/otc-derivatives-terrain-shifts-to-favored-emerging-market-jurisdictions/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Preqin: Real Estate Funds Turn to Debt Strategies</title>
		<link>http://allaboutalpha.com/blog/2012/02/05/preqin-real-estate-funds-turn-to-debt-strategies/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/05/preqin-real-estate-funds-turn-to-debt-strategies/#comments</comments>
		<pubDate>Mon, 06 Feb 2012 01:26:16 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[debt]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24940</guid>
		<description><![CDATA["Farhaz Miah, of Preqin, sets out the numbers for private real estate fundraising in 2011, showing that the market continues to suffer from the impact of the 2008 crisis. He notes, also, that debt strategies have become increasingly popular, both in specifically debt-strategy funds and in opportunistic funds that employ debt strategies as part of a broader structure."]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/05/preqin-real-estate-funds-turn-to-debt-strategies/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Alpha Hunters: Bringing Long-Short Equity to the Masses</title>
		<link>http://allaboutalpha.com/blog/2012/02/02/alpha-hunters-bringing-long-short-equity-to-the-masses/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/02/alpha-hunters-bringing-long-short-equity-to-the-masses/#comments</comments>
		<pubDate>Fri, 03 Feb 2012 01:43:59 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Hunters]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[ETFs]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Hedge Fund Strategies]]></category>
		<category><![CDATA[Retail Investing]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Advisorshares]]></category>
		<category><![CDATA[ETF]]></category>
		<category><![CDATA[long/short equity]]></category>
		<category><![CDATA[Rockledge]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24926</guid>
		<description><![CDATA[AAA sat down with Alex Gurvich and Jim Mitchell, both of The Rockledge Group, an investment advisory firm headquartered in Brooklyn, New York. We began by discussing the mid-January launch of a new product that gives the long-short equity strategy an ETF format, and ended up talking about a good deal else, such as the inherent superiority of ETFs over mutual funds, and Pimco's recent recognition of that fact. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/02/alpha-hunters-bringing-long-short-equity-to-the-masses/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>ESMA and EDHEC on Indexes and Tracking Errors</title>
		<link>http://allaboutalpha.com/blog/2012/02/01/esma-and-edhec-on-indexes-and-tracking-errors/</link>
		<comments>http://allaboutalpha.com/blog/2012/02/01/esma-and-edhec-on-indexes-and-tracking-errors/#comments</comments>
		<pubDate>Thu, 02 Feb 2012 01:27:11 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[ETFs]]></category>
		<category><![CDATA[Indexes]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[UCITS]]></category>
		<category><![CDATA[ESMA]]></category>
		<category><![CDATA[UCITs]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24912</guid>
		<description><![CDATA[Since transaction costs and the illiquidity of certain portions of an index make ideal tracking impossible, there will be a difference between the return of a tracking ETF, such as those tracking ETFs that are structured as UCITS in Europe, and the return of the underlying index or benchmark. The European Securities and Markets Authority maintains that investors should be informed of the factors that are likely to affect the size and the volatility of this difference. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/02/01/esma-and-edhec-on-indexes-and-tracking-errors/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Alpha Hunters: Viewing Asia from Top-Down and Bottom-Up</title>
		<link>http://allaboutalpha.com/blog/2012/01/31/alpha-hunters-viewing-asia-from-top-down-and-bottom-up/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/31/alpha-hunters-viewing-asia-from-top-down-and-bottom-up/#comments</comments>
		<pubDate>Wed, 01 Feb 2012 01:54:08 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Hunters]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Barings Asset Management]]></category>
		<category><![CDATA[investing in Asia]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24907</guid>
		<description><![CDATA[Alpha Hunter Khiem Do talks about Asia and where the alpha is from his perspective.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/31/alpha-hunters-viewing-asia-from-top-down-and-bottom-up/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Considering a Duty to Hedge</title>
		<link>http://allaboutalpha.com/blog/2012/01/30/considering-a-duty-to-hedge/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/30/considering-a-duty-to-hedge/#comments</comments>
		<pubDate>Tue, 31 Jan 2012 01:31:46 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[best practices]]></category>
		<category><![CDATA[ERISA]]></category>
		<category><![CDATA[fiduciary]]></category>
		<category><![CDATA[institutional investing]]></category>
		<category><![CDATA[institutional investors]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24858</guid>
		<description><![CDATA[
The Hartford (CT) CFA Society recently hosted a workshop on “Pension Risk Management and Governance.” The discussion proved to be mostly, though not exclusively, about ERISA and about how plan sponsors may arm themselves against the sorts of litigation it may inspire.
Moderator Martin Rosenburgh, who is both an attorney and a financial analyst, and currently [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/30/considering-a-duty-to-hedge/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>CPI Isn&#8217;t Made Up</title>
		<link>http://allaboutalpha.com/blog/2012/01/30/cpi-isnt-made-up/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/30/cpi-isnt-made-up/#comments</comments>
		<pubDate>Mon, 30 Jan 2012 20:21:29 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Letters to the Editor]]></category>
		<category><![CDATA[CPI]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24890</guid>
		<description><![CDATA[
By John Brynjolfsson
A CPI critic recently suggested that Ben Bernanke thought CPI homeowner equivalent rent is a &#8220;made up&#8221; figure. Nothing could be further from the truth.
Over the years I&#8217;ve been impressed with the rigor of CPI, unimpressed with its critics, and unable to find a better measure of the cost of living. Outside the [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/30/cpi-isnt-made-up/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A Word of Caution on the Modified Distribution</title>
		<link>http://allaboutalpha.com/blog/2012/01/29/a-word-of-caution-on-the-modified-distribution/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/29/a-word-of-caution-on-the-modified-distribution/#comments</comments>
		<pubDate>Mon, 30 Jan 2012 01:27:57 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Hedge Fund Operations and Risk Management]]></category>
		<category><![CDATA[Performance, Analytics & Metrics]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Cornish Fisher]]></category>
		<category><![CDATA[kurtosis]]></category>
		<category><![CDATA[skewness]]></category>
		<category><![CDATA[VaR]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24862</guid>
		<description><![CDATA[Peter Urbani looks at Cornish Fisher and modified VaR as a function of skewness.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/29/a-word-of-caution-on-the-modified-distribution/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Do Hedge Funds Work?</title>
		<link>http://allaboutalpha.com/blog/2012/01/26/do-hedge-funds-work/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/26/do-hedge-funds-work/#comments</comments>
		<pubDate>Fri, 27 Jan 2012 00:49:37 +0000</pubDate>
		<dc:creator>vshah</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[dispersion risk]]></category>
		<category><![CDATA[hedge fund performance]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[Simon Lack]]></category>
		<category><![CDATA[tail risk]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24835</guid>
		<description><![CDATA["...If all the money that's ever been invested in hedge funds had been put in treasury bills instead, the results would have been twice as good..." This is the astonishing finding of Simon Lack in his book "The Hedge Fund Mirage".]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/26/do-hedge-funds-work/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>European PE Study: The Locusts May Not Be So Bad</title>
		<link>http://allaboutalpha.com/blog/2012/01/25/european-pe-study-the-locusts-may-not-be-so-bad/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/25/european-pe-study-the-locusts-may-not-be-so-bad/#comments</comments>
		<pubDate>Thu, 26 Jan 2012 01:47:22 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[European private equity]]></category>
		<category><![CDATA[private equity]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24766</guid>
		<description><![CDATA[Two scholars affiliated with the Center for European Economic Research, drawing upon European data between 2000 and 2008, maintain that PE backed companies do not suffer from higher bankruptcy rates than their control group of comparable companies. Their paper also addresses the relationship between bankruptcy risk on the one hand and the syndicated (or, conversely, the stand-alone) nature of a PE deal. It finds no significant relationship.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/25/european-pe-study-the-locusts-may-not-be-so-bad/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>SEI: Hedge Funds May Draw the Lightning on Themselves</title>
		<link>http://allaboutalpha.com/blog/2012/01/24/sei-hedge-funds-may-draw-the-lightning-on-themselves/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/24/sei-hedge-funds-may-draw-the-lightning-on-themselves/#comments</comments>
		<pubDate>Wed, 25 Jan 2012 01:00:43 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Timely Research]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[absolute return]]></category>
		<category><![CDATA[Greenwich Associates]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[SEI]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24826</guid>
		<description><![CDATA[The SEI asked institutional investors in hedge funds what was the number one reason for their inclusion of such funds in their portfolio. The most popular single choice was "absolute return." On the other hand, if you combine the numbers of the distinct answers that involve limiting the downside, then the percentage of respondents who gave some risk-management focused answer is 56 percent. As SEI says, this is "a marked cultural shift from the early days of hedge funds, when many investors focused on their potential to produce outsided returns." ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/24/sei-hedge-funds-may-draw-the-lightning-on-themselves/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Infrastructure: High in hiearchy of investors&#8217; needs and hearts</title>
		<link>http://allaboutalpha.com/blog/2012/01/23/infrastructure-high-in-hiearchy-of-investors-needs-and-hearts/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/23/infrastructure-high-in-hiearchy-of-investors-needs-and-hearts/#comments</comments>
		<pubDate>Tue, 24 Jan 2012 01:33:14 +0000</pubDate>
		<dc:creator>kfox</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Infrastructure]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[developed markets]]></category>
		<category><![CDATA[emerging markets]]></category>
		<category><![CDATA[infrastructure investing]]></category>
		<category><![CDATA[institutional investors]]></category>
		<category><![CDATA[unlisted funds]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24797</guid>
		<description><![CDATA[Infrastructure is a basic need for any country, no matter what size. However, investing in infrastructure funds has been scant since its peak in 2007. That may be about to change.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/23/infrastructure-high-in-hiearchy-of-investors-needs-and-hearts/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Future of Asia’s Synthetic ETF Market May Lie With Singapore Regulators</title>
		<link>http://allaboutalpha.com/blog/2012/01/22/future-of-asia%e2%80%99s-synthetic-etf-market-may-lie-with-singapore-regulators/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/22/future-of-asia%e2%80%99s-synthetic-etf-market-may-lie-with-singapore-regulators/#comments</comments>
		<pubDate>Mon, 23 Jan 2012 01:54:14 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[ETFs]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Asia]]></category>
		<category><![CDATA[Celent]]></category>
		<category><![CDATA[correlation]]></category>
		<category><![CDATA[Singapore]]></category>
		<category><![CDATA[synthetic ETFs]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24755</guid>
		<description><![CDATA[In Singapore, some of the synthetic ETFs involve considerably more exposure to uncollateralized counterparty risk than the 10 percent or less that UCITS would allow. Singapore has, for example, the iShares MSCI India tracker, which has a 20 to 25 percent exposure. But Celent sees a possibiliuty that laxity will prove a winning move vis-a-vis Hong Kong. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/22/future-of-asia%e2%80%99s-synthetic-etf-market-may-lie-with-singapore-regulators/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Middle Markets in 2012:  Oh, to Be Investment Grade, Cash Rich, and In Love!</title>
		<link>http://allaboutalpha.com/blog/2012/01/19/the-middle-markets-in-2012-oh-to-be-investment-grade-cash-rich-and-in-love/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/19/the-middle-markets-in-2012-oh-to-be-investment-grade-cash-rich-and-in-love/#comments</comments>
		<pubDate>Fri, 20 Jan 2012 01:39:31 +0000</pubDate>
		<dc:creator>dfriedenberg</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[European private equity]]></category>
		<category><![CDATA[middle markets]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24714</guid>
		<description><![CDATA[In spite of what the media might have us believe, it isn't quite the end of the world as we know it, particularly as it applies to European private equity.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/19/the-middle-markets-in-2012-oh-to-be-investment-grade-cash-rich-and-in-love/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>AIMA Takes Aim at FTT Proposal</title>
		<link>http://allaboutalpha.com/blog/2012/01/18/aima-takes-aim-at-ftt-proposal/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/18/aima-takes-aim-at-ftt-proposal/#comments</comments>
		<pubDate>Thu, 19 Jan 2012 01:45:34 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Hedge Fund Regulation]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[AIMA]]></category>
		<category><![CDATA[alternative investments]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[European Commission]]></category>
		<category><![CDATA[European Union]]></category>
		<category><![CDATA[forex]]></category>
		<category><![CDATA[FTT]]></category>
		<category><![CDATA[Tobin Tax]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24724</guid>
		<description><![CDATA[AIMA, in a report sharply critical of the proposed European Union financial transaction tax, sets out the way in which the tax could burden businesses, and their consumers, to a degree far greater than the proponents contend. After all, any single product may pass through several stages between raw materials and final consumer, as there are several steps between farmer harvesting wheat and retail outlet, such as Tesco, selling pasta. Businesses at every stop along the way (farmers, wheat processers, pasta extruders) will naturally want to hedge their own operational risks in the financial markets, so the price of the finished product will reflect the repeated imposition of the FTT. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/18/aima-takes-aim-at-ftt-proposal/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Merlin on Investor Due Diligence: Counting By Threes</title>
		<link>http://allaboutalpha.com/blog/2012/01/17/merlin-on-investor-due-diligence-counting-by-threes/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/17/merlin-on-investor-due-diligence-counting-by-threes/#comments</comments>
		<pubDate>Wed, 18 Jan 2012 01:54:57 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[High-net-worth investors]]></category>
		<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[due diligence]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[Merlin]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24706</guid>
		<description><![CDATA[First, an investor (according to a new white paper on due diligence from Merlin Securities) must decide what kind of strategy it is to which he wants exposure, and generate a list of managers who practice that strategy. Thereafter he can focus on each firm on that list looking at each of the three (qualitative) components of management, and subjecting his impressions to a variety of (quantitative) tests. Tripartite divisions seem to come into play a lot.  
 ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/17/merlin-on-investor-due-diligence-counting-by-threes/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Going &#8216;A Few Rounds&#8217; North Of the Border</title>
		<link>http://allaboutalpha.com/blog/2012/01/16/going-a-few-rounds-north-of-the-border/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/16/going-a-few-rounds-north-of-the-border/#comments</comments>
		<pubDate>Tue, 17 Jan 2012 01:41:27 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Deep Capture]]></category>
		<category><![CDATA[naked shorting]]></category>
		<category><![CDATA[Overstock.com]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24701</guid>
		<description><![CDATA[It seems that Patrick Byrne is interested in using a lawsuit filed in Canada in October 2011 as an opportunity for contesting the substantive merits, that is, providing evidence that the conspiracy exists as described and that Nazerali’s part in it was accurately portrayed in the various webpages of Deep Capture (called “chapters” for some reason). That may well prove healthy.  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/16/going-a-few-rounds-north-of-the-border/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The State of Global Ultra-Wealth</title>
		<link>http://allaboutalpha.com/blog/2012/01/12/the-state-of-global-ultra-wealth/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/12/the-state-of-global-ultra-wealth/#comments</comments>
		<pubDate>Fri, 13 Jan 2012 01:45:27 +0000</pubDate>
		<dc:creator>vshah</dc:creator>
				<category><![CDATA[High-net-worth investors]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Bill Gates]]></category>
		<category><![CDATA[Carlos Slim]]></category>
		<category><![CDATA[David Friedman]]></category>
		<category><![CDATA[family office]]></category>
		<category><![CDATA[high-net-worth]]></category>
		<category><![CDATA[Rockefeller]]></category>
		<category><![CDATA[ultra-high-net-worth]]></category>
		<category><![CDATA[Walmart]]></category>
		<category><![CDATA[Wealth-X]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24685</guid>
		<description><![CDATA[The fortunes of the world’s ultra high net worth (UHNW) individuals have surpassed $25 trillion.  This is an astonishing figure, made even more so when  contextualized against the value of the entire world's economic output (GDP) which, in 2010, was 'just' $63 trillion.  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/12/the-state-of-global-ultra-wealth/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>High-Frequency Trading Inspires a Formula</title>
		<link>http://allaboutalpha.com/blog/2012/01/11/high-frequency-trading-inspires-a-formula/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/11/high-frequency-trading-inspires-a-formula/#comments</comments>
		<pubDate>Thu, 12 Jan 2012 01:38:09 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Algorithmic and high-frequency trading]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[algorit]]></category>
		<category><![CDATA[bubbles]]></category>
		<category><![CDATA[high-frequency trading]]></category>
		<category><![CDATA[market crashes]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24674</guid>
		<description><![CDATA[Godfrey Cadogan's formula, linking high-frequency trading, bubbles and crashes all into one formula of extreme simplicity (or "parsimony" as Cadogan puts it) leaves our reporter wondering: does the rendering of facts as a formula make them clearer, or does it just create a misleading patina of precision? Emanuel Derman recently warned of the overly simple models of finance economists, and perhaps this is a new token of that type.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/11/high-frequency-trading-inspires-a-formula/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Morgan Stanley PE Roundtable on Numbers, Culture, and Globalization</title>
		<link>http://allaboutalpha.com/blog/2012/01/10/morgan-stanley-pe-roundtable-on-numbers-culture-and-globalization/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/10/morgan-stanley-pe-roundtable-on-numbers-culture-and-globalization/#comments</comments>
		<pubDate>Wed, 11 Jan 2012 01:51:03 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[David Swenson]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[private equity]]></category>
		<category><![CDATA[University of Chicago]]></category>
		<category><![CDATA[Yale]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24660</guid>
		<description><![CDATA[A recent study, in which Steve Kaplan of the University of Chicago collaborated with Bob Harris of the University of Virginia and Tim Jenkinson of Oxford, addressed fund-level performance using data from Burgiss Group. Kaplan said this study indicates that “private equity has performed remarkably well.” In the period 1990 to 2008, a dollar in PE returned to investors 300 to 400 basis points a year more than a dollar in the equities of the S&#038;P 500, net of all fees. This, if accepted, still leaves the question of the relationship of PE funds/firms to one another. Are they all the same?]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/10/morgan-stanley-pe-roundtable-on-numbers-culture-and-globalization/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>&#8216;Top Quartile&#8217; GPs – So How Is Top Quartile Private Equity Performance Determined?</title>
		<link>http://allaboutalpha.com/blog/2012/01/09/top-quartile-gps-%e2%80%93-so-how-is-top-quartile-private-equity-performance-determined/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/09/top-quartile-gps-%e2%80%93-so-how-is-top-quartile-private-equity-performance-determined/#comments</comments>
		<pubDate>Tue, 10 Jan 2012 01:39:16 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[private equity]]></category>
		<category><![CDATA[private equity markets]]></category>
		<category><![CDATA[private equity performance]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24612</guid>
		<description><![CDATA[If every fund is number one, then no one is number one. Irina Zeltser examines performance rankings in private equity.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/09/top-quartile-gps-%e2%80%93-so-how-is-top-quartile-private-equity-performance-determined/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>IMF Economist: Leverage and Collateral Churning May be Good Things</title>
		<link>http://allaboutalpha.com/blog/2012/01/08/imf-economist-leverage-and-collateral-churning-may-be-good-things/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/08/imf-economist-leverage-and-collateral-churning-may-be-good-things/#comments</comments>
		<pubDate>Mon, 09 Jan 2012 01:47:11 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Currencies]]></category>
		<category><![CDATA[Derivatives]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Chicago Mercantile]]></category>
		<category><![CDATA[CME]]></category>
		<category><![CDATA[collateral]]></category>
		<category><![CDATA[leverage]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24615</guid>
		<description><![CDATA[IMF economist Manmohan Singh, in a recent working paper for the IMF, makes a case that pledged collateral is a critical financial lubricant, and that since the collapse of Lehman in September 2008 there has been a significant and troubling decline in its supply. Certain measures intended by regulators to enhance financial stability may in fact undermine it, by worsening the supply/demand mismatch, in effect creating a grey market for this pledged collateral.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/08/imf-economist-leverage-and-collateral-churning-may-be-good-things/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Alpha Hunters: Generating Alpha From .Com Giants</title>
		<link>http://allaboutalpha.com/blog/2012/01/05/alpha-hunters-generating-alpha-from-com-giants/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/05/alpha-hunters-generating-alpha-from-com-giants/#comments</comments>
		<pubDate>Fri, 06 Jan 2012 01:02:04 +0000</pubDate>
		<dc:creator>vshah</dc:creator>
				<category><![CDATA[Alpha Hunters]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Amazon]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[EBay]]></category>
		<category><![CDATA[Gabelli Asset Management]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Internet stocks]]></category>
		<category><![CDATA[Kindle]]></category>
		<category><![CDATA[Larry Haverti]]></category>
		<category><![CDATA[technology stocks]]></category>
		<category><![CDATA[Zynga]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24599</guid>
		<description><![CDATA[Google, Apple, eBay and Amazon have a combined market capitalization of almost double the top five world retailers combined.  We investigate the alpha opportunities with these dot-com giants.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/05/alpha-hunters-generating-alpha-from-com-giants/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Maw, My Alpha is Daid.  Kin You Go Git My Mojo Workin&#8217;?</title>
		<link>http://allaboutalpha.com/blog/2012/01/04/outside-some-box-somewhere/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/04/outside-some-box-somewhere/#comments</comments>
		<pubDate>Thu, 05 Jan 2012 00:57:05 +0000</pubDate>
		<dc:creator>dfriedenberg</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[je ne sais quoi]]></category>
		<category><![CDATA[mojo]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24471</guid>
		<description><![CDATA[This is a column of non-sequential thoughts including but not limited to topics appearing on AllAboutAlpha emphasizing the heartbeat behind the statistics which add up to alpha (definition expanded by the author to suit their purpose).  When the relevance isn't apparent at first, lubricate with a bit of your favorite drink, herb or pharmaceutical, and things will make a lot more sense.  It's all good.

Doug Friedenberg ran a convertible arbitrage hedge fund in a previous century and learned first hand most of the mistakes asset managers can make.  In the current century, he works to finance small to mid-sized businesses with a particular specialty in cross-border trade and letters of credit, which sometimes involves emerging/frontier markets.  No word yet on plans for next century; maybe a posthumous autobiography.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/04/outside-some-box-somewhere/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Fragmentation of Markets Drives Computing Advances</title>
		<link>http://allaboutalpha.com/blog/2012/01/03/fragmentation-of-markets-drives-computing-advances/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/03/fragmentation-of-markets-drives-computing-advances/#comments</comments>
		<pubDate>Wed, 04 Jan 2012 01:26:26 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Algorithmic and high-frequency trading]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[algorithmic trading]]></category>
		<category><![CDATA[Celent]]></category>
		<category><![CDATA[HFT]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24591</guid>
		<description><![CDATA[Celent says that both the IT world and the financial markets long assumed that the latter had to employ the former in a “batch mode.” A firm would process trades through the day, recording these in a data base. Then at the end of the day, programs that could manipulate this data in search of exploitable patterns would operate on the day’s results as a batch. That is the mode of operation that “has become increasingly obsolete.”]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/03/fragmentation-of-markets-drives-computing-advances/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Hedge Fund Weather Report for 2012: Mostly Cloudy</title>
		<link>http://allaboutalpha.com/blog/2012/01/02/hedge-fund-weather-report-for-2012-mostly-cloudy/</link>
		<comments>http://allaboutalpha.com/blog/2012/01/02/hedge-fund-weather-report-for-2012-mostly-cloudy/#comments</comments>
		<pubDate>Tue, 03 Jan 2012 01:00:18 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Hedge Fund Strategies]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Alpha]]></category>
		<category><![CDATA[alternative investment]]></category>
		<category><![CDATA[European debt crisis]]></category>
		<category><![CDATA[Global macro]]></category>
		<category><![CDATA[hedge fund]]></category>
		<category><![CDATA[Hedge fund outlook]]></category>
		<category><![CDATA[hedge fund performance]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24581</guid>
		<description><![CDATA[The Mathema report is full of cautions, and indeed adopts a quite generally gloomy tone. The markets, it tells us, don’t lend any credence to the political fixes that have been offered for the eurozone and especially for its peripheral players. If the fixes did have credibility, then the PIIGS’ 10-year government benchmark yields would have been falling significantly of late vis-à-vis the 10 year German Bund yield. But there has been no such fall.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/01/02/hedge-fund-weather-report-for-2012-mostly-cloudy/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<item>
		<title>The Truth About Hedge Fund Risk</title>
		<link>http://allaboutalpha.com/blog/2011/12/29/the-truth-about-hedge-fund-risk/</link>
		<comments>http://allaboutalpha.com/blog/2011/12/29/the-truth-about-hedge-fund-risk/#comments</comments>
		<pubDate>Fri, 30 Dec 2011 00:11:54 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Hedge Fund Operations and Risk Management]]></category>
		<category><![CDATA[Hedge Fund Strategies]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Alpha]]></category>
		<category><![CDATA[fat tail]]></category>
		<category><![CDATA[fat tail risk]]></category>
		<category><![CDATA[GIPS]]></category>
		<category><![CDATA[Global Investment Performance Standards]]></category>
		<category><![CDATA[hedge fund risk]]></category>
		<category><![CDATA[omega ratio]]></category>
		<category><![CDATA[risk management]]></category>
		<category><![CDATA[risk-adjusted return]]></category>
		<category><![CDATA[volatility]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24556</guid>
		<description><![CDATA[Guest columnist Charles Hage looks at hedge fund risk and discusses the long and the short of it.]]></description>
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