For traditional bonds and stocks there are a number of packages out there to support the core strategy. But for alternative assets you have to customise much of the software that you utilise to fit your investment process

Anthony Clemente, chief executive of Manhattan-based investment manager, Canaras Capital (April 2007)

It is incredibly difficult to differentiate between luck and skill; what we try to do is identify how much of the return is due to skill and how much is luck. Unfortunately w