Portable Alpha


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Portable Alpha

An investment strategy that involves making investments that have little to do with the overall trend in the portfolio. In other words, a portable alpha strategy seeks out investments that exceed the performance of the index or market upon which most of one's portfolio is based. In technical terms, a portable alpha strategy seeks to separate a portfolio's alpha from its beta.
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References in periodicals archive ?
Lieberman's Alternative Investments Group has negotiated over $3 billion in alternative investments for institutional investors, including portable alpha, beta overlay, GTAA, absolute return, risk parity, venture capital, credit opportunity and infrastructure investments, as well as secondary acquisitions and co-investments.
"These will address the portable alpha and alternative investment needs of real money managers, sovereign wealth funds, high net worth individuals and pension fund portfolios," the bank said.
Mitev is a distinguished speaker at international conventions on asset management, liability driven investing, alternative investments, portable alpha, advanced quantitative studies, algorithmic-trading and system research.
They began speaking of "portable alpha," which purported to remove market risk entirely from a portfolio by using futures, swaps, options and short selling.
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