Comments on: Manager finds factor-replication “blunt” and distributional-replication “suspiciously opaque” – advocates mechanical trading instead http://allaboutalpha.com/blog/2007/07/19/manager-finds-factor-replication-blunt-and-distributional-replication-suspiciously-opaque-advocates-mechanical-trading-instead/ A finance blog about hedge funds, portable alpha and alternative investing. Mon, 13 Feb 2012 11:26:54 +0000 http://wordpress.org/?v=abc hourly 1 By: JustTheFacts http://allaboutalpha.com/blog/2007/07/19/manager-finds-factor-replication-blunt-and-distributional-replication-suspiciously-opaque-advocates-mechanical-trading-instead/comment-page-1/#comment-15369 JustTheFacts Fri, 20 Jul 2007 13:30:27 +0000 http://allaboutalpha.com/blog/2007/07/19/manager-finds-factor-replication-blunt-and-distributional-replication-suspiciously-opaque-advocates-mechanical-trading-instead/#comment-15369 Mechanical replication usually refers to creating a systematic version of a discretionary trading process. Trendfollower CTAs ARE systematic. Thus, what Conquest offers is not mechanical replication, it's actually a trendfollowing system with low fees. It's not beta at all. Mechanical replication usually refers to creating a systematic version of a discretionary trading process. Trendfollower CTAs ARE systematic. Thus, what Conquest offers is not mechanical replication, it’s actually a trendfollowing system with low fees. It’s not beta at all.

]]>