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<channel>
	<title>AllAboutAlpha: Hedge Fund Trends &#38; Alternative Investment Analysis &#187; Alpha</title>
	<atom:link href="http://allaboutalpha.com/blog/tag/alpha/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>Tue, 21 May 2013 00:00:32 +0000</lastBuildDate>
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			<item>
		<title>Risk Management versus Risk Mitigation &amp; Absolute Return versus Hedge Funds</title>
		<link>http://allaboutalpha.com/blog/2013/01/31/risk-management-versus-risk-mitigation-absolute-return-versus-hedge-funds/</link>
		<comments>http://allaboutalpha.com/blog/2013/01/31/risk-management-versus-risk-mitigation-absolute-return-versus-hedge-funds/#comments</comments>
		<pubDate>Fri, 01 Feb 2013 00:21:34 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Best Practices]]></category>
		<category><![CDATA[Editorial]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[absolute return]]></category>
		<category><![CDATA[AIMA]]></category>
		<category><![CDATA[Alpha]]></category>
		<category><![CDATA[Deutsche Bank]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=28100</guid>
		<description><![CDATA[Rene Levesque looks at risk management and absolute return from an industry practitioner's point of view.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2013/01/31/risk-management-versus-risk-mitigation-absolute-return-versus-hedge-funds/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>It isn&#8217;t All About Alpha</title>
		<link>http://allaboutalpha.com/blog/2012/06/10/it-isnt-all-about-alpha/</link>
		<comments>http://allaboutalpha.com/blog/2012/06/10/it-isnt-all-about-alpha/#comments</comments>
		<pubDate>Mon, 11 Jun 2012 00:00:07 +0000</pubDate>
		<dc:creator>Guest</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Letters to the Editor]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Alpha]]></category>
		<category><![CDATA[alternative investments]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[seeking alpha]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=26312</guid>
		<description><![CDATA[Rene Levesque, Mountjoy Capital, discussing alpha and the traders who generate it.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/06/10/it-isnt-all-about-alpha/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Alpha Hunters: Looking at Alternative Investments From the Inside Out</title>
		<link>http://allaboutalpha.com/blog/2012/06/07/alpha-hunters-looking-at-alternative-investments-from-the-inside-out/</link>
		<comments>http://allaboutalpha.com/blog/2012/06/07/alpha-hunters-looking-at-alternative-investments-from-the-inside-out/#comments</comments>
		<pubDate>Fri, 08 Jun 2012 00:00:18 +0000</pubDate>
		<dc:creator>vshah</dc:creator>
				<category><![CDATA[Alpha Hunters]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[CTA]]></category>
		<category><![CDATA[Derivatives]]></category>
		<category><![CDATA[Forex]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Hedge Fund Strategies]]></category>
		<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Venture capital]]></category>
		<category><![CDATA[Alpha]]></category>
		<category><![CDATA[alternative investment]]></category>
		<category><![CDATA[alternative investments]]></category>
		<category><![CDATA[commercial real estate]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[emerging markets]]></category>
		<category><![CDATA[European debt crisis]]></category>
		<category><![CDATA[hedge fund]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[private equity]]></category>
		<category><![CDATA[private equity markets]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=26273</guid>
		<description><![CDATA[A deeper look at alternatives with Dr. Bob Swarup, a world-renowned expert and commentator on alternatives and financial markets as well as being a visiting fellow at London School of Economics.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2012/06/07/alpha-hunters-looking-at-alternative-investments-from-the-inside-out/feed/</wfw:commentRss>
		<slash:comments>3</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>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>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>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>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>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>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>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>
		</item>
		<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>
		<wfw:commentRss>http://allaboutalpha.com/blog/2011/12/29/the-truth-about-hedge-fund-risk/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Alpha Hunter Bandon Capital: Alpha for the Small Investor</title>
		<link>http://allaboutalpha.com/blog/2011/12/19/alpha-hunter-bandon-capital-alpha-for-the-small-investor/</link>
		<comments>http://allaboutalpha.com/blog/2011/12/19/alpha-hunter-bandon-capital-alpha-for-the-small-investor/#comments</comments>
		<pubDate>Tue, 20 Dec 2011 00:36:10 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Hunters]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Alternative Mutual Funds]]></category>
		<category><![CDATA[Hedge Fund Industry Trends]]></category>
		<category><![CDATA[Retail Investing]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Alpha]]></category>
		<category><![CDATA[alternative strategies]]></category>
		<category><![CDATA[relative-performance]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24478</guid>
		<description><![CDATA[Bandon Capital's managing directors believe it is possible to generate alpha from unique non-market sources, and that they do so through their forecasts of domestic and overseas sovereign interest rates. ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2011/12/19/alpha-hunter-bandon-capital-alpha-for-the-small-investor/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Idiosyncratic Risk Puzzle Solved: Not All Investors Are The Same</title>
		<link>http://allaboutalpha.com/blog/2011/11/20/idiosyncratic-risk-puzzle-solved-not-all-investors-are-the-same/</link>
		<comments>http://allaboutalpha.com/blog/2011/11/20/idiosyncratic-risk-puzzle-solved-not-all-investors-are-the-same/#comments</comments>
		<pubDate>Mon, 21 Nov 2011 00:00:29 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[CAPM / Alpha Theory]]></category>
		<category><![CDATA[Performance, Analytics & Metrics]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Alpha]]></category>
		<category><![CDATA[idosyncratic risk]]></category>
		<category><![CDATA[risk]]></category>
		<category><![CDATA[short]]></category>
		<category><![CDATA[short-selling]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24034</guid>
		<description><![CDATA[Intuition (codified by many models) suggests that investors have to be bribed to accept risk, so that there ought to be a positive link for any given class of security between the amount of risk, and thus the measurement of volatility, on the one hand, and expected return on the other. A puzzle arises, then, from empirical research indicating that “idiosyncratic” volatility, that is, the volatility due to the characteristics of a specific security, is negatively correlated with return once one passes the mid-point of the range of volatility.  ]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2011/11/20/idiosyncratic-risk-puzzle-solved-not-all-investors-are-the-same/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Derman: Why All Models Are Toys</title>
		<link>http://allaboutalpha.com/blog/2011/11/10/derman-why-all-models-are-toys/</link>
		<comments>http://allaboutalpha.com/blog/2011/11/10/derman-why-all-models-are-toys/#comments</comments>
		<pubDate>Fri, 11 Nov 2011 00:06:31 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[CAPM / Alpha Theory]]></category>
		<category><![CDATA[Derivatives]]></category>
		<category><![CDATA[Institutional Investing]]></category>
		<category><![CDATA[Performance, Analytics & Metrics]]></category>
		<category><![CDATA[Portable Alpha & Alpha/Beta Separation]]></category>
		<category><![CDATA[Recommended Books]]></category>
		<category><![CDATA[Timely Research]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Alpha]]></category>
		<category><![CDATA[Black-Scholes]]></category>
		<category><![CDATA[Emanuel Derman]]></category>
		<category><![CDATA[measuring alpha]]></category>
		<category><![CDATA[modeling]]></category>
		<category><![CDATA[Nassim Nicholas Taleb]]></category>
		<category><![CDATA[options]]></category>
		<category><![CDATA[options pricing]]></category>
		<category><![CDATA[risk managememt]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=24018</guid>
		<description><![CDATA[In general, this is what models are, “metaphors that compare the object of their attention to something else that it resembles.” This makes them inherently different from theories, which stand on their own feet and describe the world as it is. Economics doesn’t have theories, at best it has models. Consider the word “liquidity,” which I used above and which figures in a lot of economic models. This is obviously a metaphor, and its non-literal character has consequences. In finance, Derman says, everybody “thinks he knows what liquidity means, yet no one has adequately defined and quantified it.”]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2011/11/10/derman-why-all-models-are-toys/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>What Hedge Fund Investors Want, Hedge Fund Investors Get</title>
		<link>http://allaboutalpha.com/blog/2011/11/06/what-hedge-fund-investors-want-hedge-fund-investors-get/</link>
		<comments>http://allaboutalpha.com/blog/2011/11/06/what-hedge-fund-investors-want-hedge-fund-investors-get/#comments</comments>
		<pubDate>Mon, 07 Nov 2011 00:00:05 +0000</pubDate>
		<dc:creator>kfox</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[CTA]]></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[Institutional Investing]]></category>
		<category><![CDATA[Timely Research]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[active management]]></category>
		<category><![CDATA[Alpha]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[Global macro]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[institutional investors]]></category>
		<category><![CDATA[Liquidity]]></category>
		<category><![CDATA[long/short equity]]></category>
		<category><![CDATA[risk management]]></category>
		<category><![CDATA[transparency]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=23935</guid>
		<description><![CDATA[In spite of sketchy performance from some top managers, institutional investors remain committed to hedge funds and a large number are shopping for new relationships in 2012.]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2011/11/06/what-hedge-fund-investors-want-hedge-fund-investors-get/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Generating Alpha in Alternative Markets</title>
		<link>http://allaboutalpha.com/blog/2011/11/03/generating-alpha-in-alternative-markets/</link>
		<comments>http://allaboutalpha.com/blog/2011/11/03/generating-alpha-in-alternative-markets/#comments</comments>
		<pubDate>Fri, 04 Nov 2011 00:00:58 +0000</pubDate>
		<dc:creator>vshah</dc:creator>
				<category><![CDATA[Alpha Hunters]]></category>
		<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Commodities]]></category>
		<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Alpha]]></category>
		<category><![CDATA[alpha generation]]></category>
		<category><![CDATA[Secondary Market]]></category>
		<category><![CDATA[SecondMarket]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=23849</guid>
		<description><![CDATA[

Even against the backdrop of a global recession, the top 50 fastest growing companies in the USA averaged growth rates between 3,893% and 40,882% in the three years to the start of 2011.  These are rates of return which more than compensate the investor for the risk of making high-growth-young-company-investments.  For some investors, alternative markets [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2011/11/03/generating-alpha-in-alternative-markets/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>HFT: Is There Still Juice in the Oranges?</title>
		<link>http://allaboutalpha.com/blog/2011/10/24/hft-is-there-still-juice-in-the-oranges/</link>
		<comments>http://allaboutalpha.com/blog/2011/10/24/hft-is-there-still-juice-in-the-oranges/#comments</comments>
		<pubDate>Tue, 25 Oct 2011 00:31:54 +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[Alpha]]></category>
		<category><![CDATA[high-frequency trading]]></category>
		<category><![CDATA[illiquidity]]></category>
		<category><![CDATA[Liquidity]]></category>
		<category><![CDATA[technology]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=23719</guid>
		<description><![CDATA[By Christopher Faille
Charles Jones of Columbia Business School made a presentation at an SIFR event in Stockholm, titled “What do we know about algorithmic and high-frequency trading?” Although a distinguished professor like Jones would not put the matter this way, his thoughts do have me thinking of the old human-inhabited trading floors, and their cyberspace [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2011/10/24/hft-is-there-still-juice-in-the-oranges/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
		</item>
		<item>
		<title>Passivity, Activity, and Alpha in Currency Management</title>
		<link>http://allaboutalpha.com/blog/2011/10/02/passivity-activity-and-alpha-in-currency-management/</link>
		<comments>http://allaboutalpha.com/blog/2011/10/02/passivity-activity-and-alpha-in-currency-management/#comments</comments>
		<pubDate>Mon, 03 Oct 2011 00:00:59 +0000</pubDate>
		<dc:creator>cfaille</dc:creator>
				<category><![CDATA[Alpha Strategies]]></category>
		<category><![CDATA[Currencies]]></category>
		<category><![CDATA[Hedge Fund Operations and Risk Management]]></category>
		<category><![CDATA[Hedge Fund Strategies]]></category>
		<category><![CDATA[Performance, Analytics & Metrics]]></category>
		<category><![CDATA[Today's Post]]></category>
		<category><![CDATA[Alpha]]></category>
		<category><![CDATA[Currency investing]]></category>
		<category><![CDATA[hedge fund]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[performance benchmarks]]></category>

		<guid isPermaLink="false">http://allaboutalpha.com/blog/?p=23277</guid>
		<description><![CDATA[By Christopher Faille
Passive and active investments are often contrasted as if the distinction is self-evident. It isn’t. Even for an unambitious long-only equity indexed fund, trades have to be executed in order to maintain the desired balance, and these trades can be executed either well or poorly, in ways that help or hurt the investor. [...]]]></description>
		<wfw:commentRss>http://allaboutalpha.com/blog/2011/10/02/passivity-activity-and-alpha-in-currency-management/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
	</channel>
</rss>
