Category

Investing

Summary

This Critical Issues Forum from PortfolioConstruction Conference 2009 reviewed the conceptual underpinnings of active asset management and the implementations in the post Global Financial Crisis environment. It discussed how arbitrage may cause some alpha signals to become permanently ineffective, while others remain profitable on average but undergo cyclical variation in their effectiveness. Finally, Dr Rathjens discussed some of the pitfalls facing active managers as they try to adapt to this environment.

Presenters

Dr Peter Rathjens

Partner & CIO

Arrowstreet Capital(US)

Macquarie Adviser Services