1. An investment or financial instrument that is expected to produce returns exceeding a benchmark index or risk-free rate, representing outperformance or excess returns in portfolio management
The hedge fund manager identified several alpha-generating assets to boost portfolio performance.
O gestor do fundo de cobertura identificou vários ativos geradores de alfa para melhorar o desempenho da carteira.
2. In finance, an asset whose expected return is greater than what would be predicted by capital asset pricing models (CAPM)
This emerging market stock is considered an alpha-generating asset due to its superior risk-adjusted returns.
Esta ação de mercado emergente é considerada um ativo gerador de alfa devido aos seus retornos ajustados ao risco superiores.