Equity market neutral strategies take offsetting long and short positions in similarly mispriced
securities. They are considered to be close relatives of long/short strategies, the key …

A sensible method to determine the value of a properly managed portfolio of operating
options yielding a stream of future cash flows is to price these assets as a portfolio of financial …

This chapter contains sections titled: Introduction What is Portable Alpha? The Appeal of
Portable Alpha Notes About the Authors

We investigate several market‐neutral trading strategies and find empirical evidence that
market‐neutral equity trading outperforms in 2008, the first full year of the global financial …

This paper shows that it is possible to separate investment policy, the benchmark asset class
or asset classes an investor wishes to invest in, from the ‘investment management structure …

Simulations are performed which show the difficulty of actually achieving realized market
neutrality. Results suggest that restrictions on the net value of the fund are particularly …

Option-pricing theory has moved from the financial markets mainstream to the decision
making process for upstream projects in the petroleum industry, taking shape as Real Option …