I've been thinking about... authentic alpha

2011 PortfolioConstruction Forum Conference |  24 August 2011

Over the last few years, practitioners have grappled with the case for active management. We’ve seen a significant shift of monies away from active management towards more passive alternatives. But are practitioners in danger of throwing the proverbial ‘authentic alpha’ baby out with the bath water?

In this Critical Issues Forum session at the 2011 PortfolioConstruction Forum Conference, Peter Elston looks at to the appropriate use of active share to measure how active an active fun...