Good investments outperform relevant benchmarks. Mutual fund investors have recognized that for decades. These investors also realize how difficult it is to identify and invest in those outperformers a priori. Recent developments in financial markets are imposing the same discipline on the growing universe of alternative investments. Our speaker is part of the “Hedge Fund Beta Team” from Van Eck Global. The team is responsible for the Van Eck Trackers, investable benchmarks which emulate the returns of targeted hedge fund strategies. He will explain how they identify the alpha in hedge fund returns, address the persistence of hedge fund alpha, discuss the beta in hedge fund returns and demonstrate how hedge fund beta can be captured in a liquid, transparent structure. He will also explain how their analysis exposes the cost to investors of the illiquidity of hedge funds imposed by their restrictive redemption terms.