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  • Dec 18, 2013

    Hedgies to Go After RIAs

    Hedge fund managers have a new target client: RIAs. But are they late to the game?...More
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    Investment Performance Statistics

    I’m confused by some of the portfolio statistics I see reported for the funds I follow, especially beta and alpha. Sometimes, they don’t seem to jibe with reality. Why would an extremely volatile fund -- one with a negative beta, in particular -- show a positive alpha?...More

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