Most Popular AllAboutAlpha.com Posts of 2008
Dec 29th, 2008 | By Alpha Male | Filed under: Featured Post, Today's Post
The envelope please...
Archive for 2008
Newsreel: Why the Madoff saga doesn’t support “clamping down” on HF industry, 80% of HFs gone by spring, bad things happening to good funds and other ‘09 predictions
Dec 28th, 2008 | By Alpha Male | Filed under: AAA Newsreels, Academic Research, Today's Post
End of the Hedge Fund? Unlikely, according to Washington Post columnist Sebastian Mallaby who writes, “Even if you define Madoff’s investment outfit as a hedge fund, which for various reasons is debatable, there’s nothing in this saga that supports clamping down on the industry.” Hedge funds return to roots as alpha claim refuted: This prediction of [...]
Study says big hedge funds have several advantages including economies of scale, alpha, and “well known” auditors
Dec 23rd, 2008 | By Alpha Male | Filed under: Academic Research, Hedge Fund Industry Trends, Today's Post
It's not just hokey hedge fund marketing to say that "due diligence is a source of alpha". Here's a study that says the fixed cost nature of due diligence means larger hedge funds have a serious head start.
Form ADV: Would hedge fund registration have helped Madoff investors?
Dec 21st, 2008 | By Alpha Male | Filed under: Academic Research, Editor's Pick, Today's Post
A 2006 academic study and a 2008 SEC form filled out by Bernard L. Madoff Investment Securities LLC raise some interesting questions.
Short-Ban study finds no evidence of “expected effect of the new regulations”
Dec 18th, 2008 | By Alpha Male | Filed under: Academic Research, Hedge Fund Regulation, Today's Post
As expected, this fall's ban on shorting of financial stocks has provided academics with a unique opportunity to examine the effect of short-selling on price behaviour. And one of the first comprehensive studies on the topic contains some surprising findings.
November (Pre-Madoff) HF returns were just getting back on line
Dec 17th, 2008 | By Alpha Male | Filed under: Editor's Pick, Today's Post
Asset-weighted hedge fund indexes are beginning to factor in the various Madoff feeder funds, causing massive drop-offs in performance - particularly in market neutral sub-indexes. So do we now need a new "No Bernie" index?
ECB nonplused about hedge funds’ newfound conservatism
Dec 16th, 2008 | By Alpha Male | Filed under: Hedge Fund Regulation, Today's Post
The European Central Bank makes some interesting hedge fund industry observations in its latest Financial Stability Review.
New study on redemption gates requires a closer look
Dec 15th, 2008 | By Alpha Male | Filed under: Academic Research, Hedge Fund Industry Trends, Today's Post
A new study on redemption gates was widely publicized last week. We take a closer look at its findings and discover that some media reports may have oversimplified things a little.
Asset Management Holiday Sale: 60% Off
Dec 14th, 2008 | By Alpha Male | Filed under: Institutional Investing, Today's Post
Just in time for the Holiday season asset managers - particularly hedge funds - are going on sale!
“Putting it all on black”
Dec 11th, 2008 | By Alpha Male | Filed under: Academic Research, Performance, Analytics & Metrics, Today's Post
For years, hedge fund investors have wondered whether their managers would ever goose their fund's risk profile just to try for a performance fee. Apparently, the answer may depend on how far into the year your talking about.
London Day Two: Separation Theorem, Core/Satellite Redux & New HF Metrics
Dec 10th, 2008 | By Alpha Male | Filed under: Today's Post
What happens when academics and hedge fund managers mix it up? Something like this...
London Notebook: HF regulations in 1609, VIX to the rescue, and no premature demise for clones
Dec 10th, 2008 | By Alpha Male | Filed under: Today's Post
We're on location in London today reporting on Edhec's annual hedge fund extravaganza. Like us, this event aims to bridge the gap between academic research and the real world.
Did Pennsylvania take a wrong turn with portable alpha?
Dec 9th, 2008 | By Alpha Male | Filed under: Portable Alpha & Alpha/Beta Separation, Today's Post
After the announcement by Pennsylvania's state employees pension plan that it lost money on its portable alpha strategy, some are saying this is proof that portable alpha is "exotic and risky" and that its promoters are "thieves". We examine the validity of these claims.
Fee-conomics
Dec 8th, 2008 | By Alpha Male | Filed under: Academic Research, Investment Management Fees, Today's Post
For years, hedge funds have enjoyed pricing power. The second half of 2008 has changed all that and has ushered in an era of not just lower, but "differentiated", fee structures.
Attendees at Hedge Funds World Zurich wonder: Should risk models now anticipate the “statistically impossible”?
Dec 4th, 2008 | By Alpha Male | Filed under: Today's Post
Couldn't make it to Zurich this week? No worries. Here is our summary of the event that featured Nassim Taleb, Peter Clarke and several other hedge fund notables.
