TY - JOUR T1 - Portable Alpha JF - The Journal of Alternative Investments SP - 59 LP - 68 DO - 10.3905/jai.2001.319022 VL - 4 IS - 3 AU - Thomas W. Moller Y1 - 2001/12/31 UR - https://pm-research.com/content/4/3/59.abstract N2 - 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. ER -