Illuminating the true nature of hedge fund returns Understand the alternative beta theory behind a new generation of hedge fund clones Benefit from the insight of  the world’s top hedge fund researchers and risk experts Understand the range of "alternative beta" risk premia from which hedge funds benefit Learn why hedge funds don’t need manager-specific alpha to deliver good performance! Compare and contrast the models being used to replicate hedge fund returns Examine the arguments against using hedge fund replication strategies Consider the options for constructing a portfolio of “alternative beta” risk premiums Top industry speakers include: >>> To view the full list of our expert speakers with their profile, please visit our speaker list. >>> A detailed agenda can be found on our conference programme page. Be prepared for the coming revolution in the Hedge Fund industry! Will hedge funds follow the path of passive investing, just as the traditional fund management industry did a generation ago?  The hedge fund industry is slowly beginning to acknowledge that a large part of its returns comes not from alpha, but from “alternative beta” factors – systematic exposures to a diverse array of risk premia including credit risk, volatility risk, the small company effect and so on. One of the key implications of “alternative beta” theory is that it is possible to create “synthetic hedge funds”, which replicate the alternative beta exposures of hedge funds. The aim of these funds is to generate hedge fund-like returns without hedge fund fees. In the last six months, the first investment banks have launched hedge fund replication products. A number of other banks and fund managers are now rushing to bring their own version to the market. These recent developments mirror those which took place in the traditional fund management industry, some 20 years ago, when indexed tracker funds were introduced. The initial take-up was slow, but in time these mechanistic funds, with their lower fees, gained a significant market share. Will hedge funds now also follow the path of passive investing? The technology is far more complex, but the major players appear to believe it can be done. Clearly, the stakes are huge! Get the answers to the questions you want answered. The world's first hedge fund replication event? IRC launched the world's first ever event dedicated to hedge fund replication and alternative beta, in February 2007 in London. The conference was a huge success. 275 delegates attended, the event received great acclaim from delegates and many column inches were written in the media. Delegates included some of the world’s most sophisticated investors, fund managers and quantitative investors. Clearly, this is an area where the clock speed of change is ticking rapidly. In response to this, we are running a second European event in Geneva to help delegates keep abreast of developments. Check out the links below to see how successful the London event in February was: >>> Delegate Feedback >>> UK Attendees >>> UK Event pictures >>> UK Conference programme >>> UK Conference speakers >>> Past press releases Three key reasons why you need to attend: Hear the world’s top academics in this field – all gathered to a single location, to discuss the true sources of hedge fund returns and to examine the best approaches to replication. Understand the philosophies that are set to transform investors’ understanding of hedge funds. Be prepared for a “next generation” of synthetic hedge funds, which could succeed where indexed hedge funds have failed. Book early to guarantee your place and save £££s. Register now, call +44 (0)20 7242 2324 or click here to book your place online now. Snapshots of the key topics to be discussed and debated: The academic models underpinning hedge fund replication Identifying the HF strategies most suitable for replication The theoretical objections to hedge fund replication Comparing and contrasting the products now available Factor models, fat tails and data mining Examining the Kat / Palaro approach to replication Constructing a portfolio of alternative beta risk premiums Please view our conference programme to find out more. Networking opportunities This is the revolutionary, exciting, quick and highly effective way to meet fellow conference delegates and industry peers in one fourty-minute session. These brief meetings are the starting point for conversation and networking throughout the conference. This is where long-lasting and profitable business relationships begin. We introduce you to ‘Contact’- a system to enable you to set up meetings before the event. You can search the attendees then email them directly without ever seeing their e-mail address. The first contact is made and you can take it from there. More than just networking; Important forms and conference tips can be downloaded and after the event you can even download the white papers and presentations from our world-class speakers. Hedge Fund Replication and Alternative Beta offers you more CEO and Director level panel discussions. There will be several “chat show” style sessions where you can get answers to your questions. You will not get a better chance than this to question the leading players in the alternative investment industry. Consider it an unfair advantage.    Target your market! Limited sponsorship opportunities exist for this event. For full details contact: Tim Green, Business Development Manager Tel: +44 (0)20 7092 1261 Email:tim.green@irc-conferences.com A sales and marketing solution that generates leads and new business Hedge Fund Replication and Alternative Beta is an unrivalled and cost-effective sales and marketing solution that works throughout the year and then brings you face-to-face with your customers and prospects. Hedge Fund Replication and Alternative Beta is a unique business event that offers many benefits and is extremely cost-effective. Please take the time to examine our offer. We are sure you will be as excited as we are.