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We are driven by curiosity. We have a penchant for seeking out new experience, original knowledge and candid feedback. Read this section for our thoughts, our insights, and a few opinions.

Desperately Searching for Alpha

Expert opinion suggests that we are in a decade of single-digit capital market returns. Clearly, this is also not good news for pension fund health. Such an environment increases the challenge of producing superior performance adjusted for risk.

In this discussion, Harry Marmer examines the dilemmas institutional investors face in searching for alpha, including the following topics: • What is alpha? • Why are we desperately searching for alpha? • The magic formula for active investment management • The new efficient frontier

To obtain a full copy of the presentation/paper, please e-mail Hillsdale at