I am finding these two strategies similar: Equitizing market neutral long short and alpha beta separation. Both have alpha return from one source and beta return from another source. Also both use long short strategy and long in equity index futures. The only differnece that I could make out from the reading is that alpha beta separation concerns with multi manager funds. Is my understanding correct?
Agree
I’ve often thought the same thing.
Correct. In my notes, I wrote that alpha beta separation was an application of equitized MNLS to the multi-manager case.