
Editor
Pamela Brougham
Managing Editor
Jennifer Hinchman
Editorial Board
Berkeley
Andrew Rudd
Ron Kahn
Paul Green
London
Andrew Cauldwell
Sydney
Peter Ritchie
Montreal
Pierre Brodeur
Yokohama
Yoshio Mizoroki
Contributing
Editors
Aamir Sheikh
Sue Swanson
Production Arts
Denise Allen
Susan Pomeroy
Ayne Shore
Online Design
Susan Pomeroy
Gayatri Vasan
Circulation
Jackie Paguio
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The Fundamental Law
of Active Management
Seven Quantitative Insights into
Active ManagementPart 3


Avoiding Biases
in TAA Model-Building:
Using the BARRA Altis
System to Perform
Out-of-Sample
Reliability Tests
Global Asset Allocation:
The BARRA Altis System
and World Markets Model

BARRA Releases New
Equity Trading Model
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Welcome to the
New BARRA Newsletter
This is the first edition
of Horizon, the latest in a
series of BARRA Newsletters.
Read about the publication's
20-year history.

Investworks Pro

The BARRA Brainteaser
Solution to The BARRA
Brainteaser from
Fall 1996

Against the Gods:
The Remarkable Story
of Risk
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The Horizon Newsletter is published quarterly by BARRA, Inc. from its headquarters in Berkeley, California. Please send all address changes and requests for subscriptions to
BARRA, Inc.
1995 University Avenue
Berkeley, CA 94704
tel 510.548.5442
fax 510.548.1709
A subscription can also be obtained by email, or by calling any of BARRA's offices located worldwide.
Copyright © BARRA 1997.
All rights reserved.
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Investment Advisors Act Notice
IN COMPLIANCE WITH APPLICABLE FEDERAL REGULATIONS, BARRA HEREBY OFFERS TO EACH OF ITS ADVISORY CLIENTS A COPY OF PART II OF ITS MOST RECENT FORM ADV. TO OBTAIN A COPY, PLEASE CALL OR WRITE MARIA HEKKER AT BARRA, 1995 UNIVERSITY AVENUE, BERKELEY, CA 94704, TELEPHONE 510.548.5442. THERE IS NO CHARGE FOR THE DOCUMENT.
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