At our inaugural Innovative Alpha Forum, Institutional Investor top ranked Strategists, Academics, and practitioners, gathered to discuss the most important issues facing our industry. The financial crisis and subsequent recovery has highlighted the existence of Regimes in both the “real economy” and the financial markets. Investors have expressed that they are less than satisfied with investment managers who simply ignore these Regimes. Options include building strategies to anticipate these Regimes or to hedge these Regimes. The case for both of these two options were made in the context of Long Short, Tactical Asset Allocation and Stable Growth strategies, with a particular focus on a rising interest rate environment.