Goldman shuttered several of its prop desks in 2009 and 2010 and is currently winding down its once high-flying Global Alpha hedge fund.

2009年和2010年，高盛关闭了几个自营交易部，目前正在逐步缩减一度寄予厚望的全球Alpha对冲基金。

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“Why wouldn't you buy beta and alpha separately?” asks Arno Kitts of Henderson Global Investors, a fund-management firm. “Beta is a commodity and alpha is about skill.”

一家基金管理公司，Henderson Global Investors的Arno Kitts这样问道：“既然Beta是一种商品而alpha则涉及技术，那你为什么不将beta和alpha分开进行购买呢？

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Remember in 2011, even Goldman Sachs would close down their quant Global Alpha fund.

FORBES: A Quant's Perspective on 2011 (and 2012)

Global Alpha is said to have lost 12% in the last two weeks of July alone.

FORBES: The Fed Primes The Pump

Global Alpha's troubles seem to be in currency and market-neutral bets on stocks and bonds.

FORBES: Early Retirement Or Early Warning?