betahedge

Hedge Funds Going into Unchartered Territory to Seek Alpha Drivers

In Articles on August 26, 2011 at 11:23 pm

A study of traditional large cap equity manager has shown that the manager’s returns practically replicate the S&P 500, with beta of 1 and correlation coefficient of 0.99. This means that the fund is a beta driver, not an alpha driver.

Read more here Hedge Funds Going into Unchartered Territory to Seek Alpha Drivers

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