Home
portable alpha
Portable alpha
From Wikipedia, the free encyclopedia
Portable alpha is the return of an investment portfolio with zero market risk (beta). Being independent of both the direction and the magnitude of the market's movements, it represents the manager's skill in selecting investments. Elimination of the market risk can be accomplished by means of short selling and derivatives such as futures, swaps, and options.
See Alpha for a definition of alpha.
Here, Portable Alpha implies that the extra returns (alpha) can be separated from the changes of the market by hedging the market exposure of the portfolio.
The process of Portable Alpha is also sometimes referred to as Alpha Transport
. 06 Oct 11 | Uncategorized | Comments Off on Home
News Feed
- CrescoNet Gets Investment From Private Equity Investor - socaltech.com - socalTech.com May 19, 2022CrescoNet Gets Investment From Private Equity Investor - socaltech.com socalTech.com
- Private equity in Ukraine: ‘The industry keeps rolling’ - Private Equity News May 19, 2022Private equity in Ukraine: ‘The industry keeps rolling’ Private Equity News
- PE/VC investments plunge to $5.5 billion in April - Economic Times May 19, 2022PE/VC investments plunge to $5.5 billion in April Economic Times
- Marigny Investments acquires Victory Supply - Private Equity Wire May 19, 2022Marigny Investments acquires Victory Supply Private Equity Wire
- Oak Group makes senior funds appointment - Private Equity Wire May 19, 2022Oak Group makes senior funds appointment Private Equity Wire
- Is private equity joining—or co-opting—the employee ownership movement - Fast Company May 19, 2022Is private equity joining—or co-opting—the employee ownership movement Fast Company
- Steve Tananbaum's GoldenTree Bets on Private Credit With $1.5 Billion Fund - Bloomberg May 19, 2022Steve Tananbaum's GoldenTree Bets on Private Credit With $1.5 Billion Fund Bloomberg
- CEO of $189 Billion Ontario Fund Eyes Private Equity's Turf - Bloomberg May 19, 2022CEO of $189 Billion Ontario Fund Eyes Private Equity's Turf Bloomberg
- DOWNLOAD: Private equity fundraising slows in Q1, as uncertainty grips market | Buyouts - Buyouts May 19, 2022DOWNLOAD: Private equity fundraising slows in Q1, as uncertainty grips market | Buyouts Buyouts
- Temasek's Azalea enables retail investors to climb risk-return ladder - Private Equity International May 19, 2022Temasek's Azalea enables retail investors to climb risk-return ladder Private Equity International