What About Beta? | ALLAboutAlpha No More
By Bill Kelly, CEO, CAIA Association AllAboutAlpha.com was founded by our friend and former colleague Christopher Holt, PhD in 2006. Global hedge fund AUM had just breached $1T for the first time, private capital stood at a skinny $1.5T, the S&P 500 was trading at just under 1,300, and the 10 YR treasury was yielding 4.5%. Single-digit (entry) private market deal multiples were commonplace, and accommodative public markets provided for handsome exits, as well as more opportunity Read More
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