Alpha Landscape

Each dot is one (manager, category) pair. Y = mean 3-year rolling excess alpha (annualised %, benchmark-relative, across every 3y window in the manager's tenure). X = share of 3y windows where excess alpha was positive — a consistency score. Top-right = large and reliable alpha. Dot size ∝ tenure years. Click a dot → manager page.

Comparability note: managers with longer tenure have lived through more market regimes (2008 crash, 2018-20 quality era, 2022 pullback), while shorter-tenure managers' 3y windows may sit entirely inside one regime. Use the Min tenure filter to narrow the comparison. See individual manager pages for the full window-by-window distribution and date range.