@article {Moller59, author = {Thomas W. Moller}, title = {Portable Alpha}, volume = {4}, number = {3}, pages = {59--68}, year = {2001}, doi = {10.3905/jai.2001.319022}, publisher = {Institutional Investor Journals Umbrella}, abstract = {Active management of equity portfolios remains the rule rather than the exception. In this report, the alpha produced by active equity management-its magnitude, consistency, risk, and correlation to the underlying equity market-is compared with the another type of alpha-portable alpha-derived from an alternative Commodity Trading Advisor (CTA) investment strategy.}, issn = {1520-3255}, URL = {https://jai.pm-research.com/content/4/3/59}, eprint = {https://jai.pm-research.com/content/4/3/59.full.pdf}, journal = {The Journal of Alternative Investments} }