<?xml version="1.0" encoding="UTF-8"?><?xml-stylesheet type="text/xsl" href="http://www.variancecapital.com/wp-content/plugins/google-sitemap-generator/sitemap.xsl"?><!-- generator="wordpress/2.9.2" -->
<!-- sitemap-generator-url="http://www.arnebrachhold.de" sitemap-generator-version="3.2.2" -->
<!-- generated-on="May 13, 2010 4:08 pm" -->
<!-- Debug: Total comment count: 4 -->
<urlset xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sitemaps.org/schemas/sitemap/0.9 http://www.sitemaps.org/schemas/sitemap/0.9/sitemap.xsd" xmlns="http://www.sitemaps.org/schemas/sitemap/0.9">	<url>
		<loc>http://www.variancecapital.com/</loc>
		<lastmod>2010-05-13T16:06:27+00:00</lastmod>
		<changefreq>daily</changefreq>
		<priority>1.0</priority>
	</url>
<!-- Debug: Start Postings -->
<!-- Debug: Priority report of postID 820: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/macro/chinas-funny-money</loc>
		<lastmod>2010-05-13T16:06:27+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 854: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/analysis-of-cds-relative-to-converts-and-deliverables</loc>
		<lastmod>2010-05-07T07:25:04+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 606: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/emerging-markets/and-what-about-emerging-markets</loc>
		<lastmod>2010-04-09T13:23:37+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 599: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/what-are-the-opportunities-for-high-yield-and-distressed-for-the-summer</loc>
		<lastmod>2010-04-09T13:23:11+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 597: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/convertible-arbitrage/what-are-the-opportunities-for-convertible-arbitrage-going-forward</loc>
		<lastmod>2010-04-09T13:22:35+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 595: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/rmf-loses-large-client-and-man-stock-goes-up-go-figure</loc>
		<lastmod>2010-04-09T13:22:10+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 604: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/cta/ctas-in-a-perfect-storm</loc>
		<lastmod>2010-04-09T13:21:44+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 592: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/general/cocos-expect-the-primary-market-for-us-convertibles-to-dry-up-even-more%e2%80%a6</loc>
		<lastmod>2010-04-09T13:21:18+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 589: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/has-a-us-bias-favored-performance</loc>
		<lastmod>2010-04-09T13:20:51+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 585: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/long-short-equity/what-to-do-with-longshorts</loc>
		<lastmod>2010-04-09T13:20:23+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 587: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/global-macro/the-case-for-vega</loc>
		<lastmod>2010-04-09T13:19:26+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 582: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/singin%e2%80%99-the-blues-a-difficult-time-for-funds-of-funds</loc>
		<lastmod>2010-04-09T13:18:53+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 580: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/japan/a-quick-take-on-japanese-equities</loc>
		<lastmod>2010-04-09T13:18:30+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 576: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/don%e2%80%99t-believe-the-hype-cdos-and-evil-hedge-funds-may-not-be-affecting-spreads-as-much-as-you-think</loc>
		<lastmod>2010-04-09T13:18:00+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 548: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/portable-alpha-definitions-and-optimal-uses-in-your-portfolio</loc>
		<lastmod>2010-04-09T13:17:17+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 574: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/what-are-the-comparative-advantages-of-investing-with-a-small-to-medium-size-fund-of-funds-vs-a-larger-name</loc>
		<lastmod>2010-04-09T13:16:44+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 572: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/what-is-the-rationale-for-3f-funds</loc>
		<lastmod>2010-04-09T13:16:19+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 569: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/how-much-should-investors-pay-for-alpha</loc>
		<lastmod>2010-04-09T13:15:56+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 564: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/general/a-buying-opportunity-in-ctas</loc>
		<lastmod>2010-04-09T13:15:23+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 550: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/how-does-calibria-assess-a-manager%e2%80%99s-ability-to-generate-alpha</loc>
		<lastmod>2010-04-09T13:10:29+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 553: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/are-poor-hedge-fund-returns-related-to-excess-inflows</loc>
		<lastmod>2010-04-09T13:08:23+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 544: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/regulation/french-market-regulatory-changes</loc>
		<lastmod>2010-04-09T13:07:50+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 532: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/the-trend-towards-long-only-funds-anything-sound-familiar</loc>
		<lastmod>2010-04-09T13:06:50+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 542: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/regulation/hedge-fund-regulation</loc>
		<lastmod>2010-04-09T13:06:16+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 540: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/cta/for-certain-strategies-bigger-is-better-the-case-for-winton-capital</loc>
		<lastmod>2010-04-09T13:05:51+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 536: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/beta/are-clients-looking-for-directional-strategies-in-this-low-return-environment</loc>
		<lastmod>2010-04-09T13:04:34+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 534: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/volatility-arbitrage/what-the-futures-hold-for-volatility</loc>
		<lastmod>2010-04-09T13:04:11+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 530: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/convertible-arbitrage/fallen-angels-is-convertible-arbitrage-going-the-way-of-the-dodo</loc>
		<lastmod>2010-04-09T13:03:45+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 527: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/the-use-of-leverage-for-hedge-fund-portfolios</loc>
		<lastmod>2010-04-09T13:03:11+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 525: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/embedded-risk-for-fof-investors</loc>
		<lastmod>2010-04-09T13:02:41+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 522: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/predictions-on-the-dramatic-changes-in-the-high-yield-market</loc>
		<lastmod>2010-04-09T13:02:02+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 520: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/the-outlook-for-2005-part-2</loc>
		<lastmod>2010-04-09T13:01:14+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 518: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/the-outlook-for-2005-more-of-the-same</loc>
		<lastmod>2010-04-09T13:00:45+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 516: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/general-motors-credit-markets-equity-impact-on-spreads</loc>
		<lastmod>2010-04-09T12:58:29+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 514: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/general-motors-credit-markets-the-players</loc>
		<lastmod>2010-04-09T12:57:44+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 512: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/general-motors-credit-markets-overview</loc>
		<lastmod>2010-04-09T12:57:16+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 508: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/commodities/galenas-view-on-metals</loc>
		<lastmod>2010-04-09T12:56:35+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 506: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/northbay/a-look-at-northbay</loc>
		<lastmod>2010-04-09T12:56:06+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 504: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/lbo/public-to-private</loc>
		<lastmod>2010-04-09T12:55:13+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 499: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/us-dollar/recent-usd-strength-impact-on-hedge-funds</loc>
		<lastmod>2010-04-09T12:54:13+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 501: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/convertible-arbitrage/what-to-do-with-convertible-arbitrage</loc>
		<lastmod>2010-04-09T12:53:39+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 497: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/a-perfect-storm-awaiting-gm-case-study-part-2</loc>
		<lastmod>2010-04-09T12:53:09+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 495: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/a-perfect-storm-awaiting-gm-case-study-part-1</loc>
		<lastmod>2010-04-09T12:52:30+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 493: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/poor-hedge-fund-performance-what-happened</loc>
		<lastmod>2010-04-09T12:51:32+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 491: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/changes-to-calibrias-portfolio-construction</loc>
		<lastmod>2010-04-09T12:50:29+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 488: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/leveraged-liquidation-is-bigger-than-russian-default</loc>
		<lastmod>2010-04-09T12:50:03+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 485: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/canada/canadian-equity-market-inefficiencies</loc>
		<lastmod>2010-04-09T12:48:58+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 482: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/canada/canada-valuable-opportunities-for-foreign-hf-investors-2</loc>
		<lastmod>2010-04-09T12:48:13+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 483: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/canada/canada-valuable-opportunities-for-foreign-hf-investors</loc>
		<lastmod>2010-04-09T12:46:28+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 479: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/canada/franco-canadian-hedge-fund-conference-schedule-the-final-version</loc>
		<lastmod>2010-04-09T12:45:53+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 475: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/capital-structure-arbitrage/capital-structure-arbitrage-what-happened-to-the-next-big-thing</loc>
		<lastmod>2010-04-09T12:45:29+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 477: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/cta/ctas-and-statistical-arbitrage-funds-do-they-complement-each-other</loc>
		<lastmod>2010-04-09T12:45:01+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 473: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/water/the-ultimate-commodity-water</loc>
		<lastmod>2010-04-09T12:44:16+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 471: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/lbo/lbo-risk-in-the-credit-market</loc>
		<lastmod>2010-04-09T12:43:49+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 467: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/calibria/the-housing-bubble-what-could-trigger-its-burst-and-what-hedge-funds-can-do-about-it</loc>
		<lastmod>2010-04-09T12:43:18+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 465: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/canada/franco-canadian-hedge-fund-conference-in-paris-a-resoundig-success</loc>
		<lastmod>2010-04-09T12:37:47+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 463: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/gtaa/global-macro-and-tactical-asset-allocators-are-they-created-equal</loc>
		<lastmod>2010-04-09T12:37:07+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 457: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/long-short-equity/long-short-returns-scrutinized</loc>
		<lastmod>2010-04-09T12:36:39+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 455: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/insight-on-the-near-term-correlation-between-hedge-funds-in-a-fof-portfolio</loc>
		<lastmod>2010-04-09T12:36:09+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 447: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/general/turkey</loc>
		<lastmod>2010-04-09T12:35:36+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 445: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/china/greater-china</loc>
		<lastmod>2010-04-09T12:35:09+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 443: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/russia/russia</loc>
		<lastmod>2010-04-09T12:34:40+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 441: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/general/relative-value-opportunities-in-06-the-bull-case-for-emerging-markets</loc>
		<lastmod>2010-04-09T12:34:11+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 439: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/emerging-markets/why-should-it-be-any-different-this-time-embig-spreads-and-the-rise-in-us-treasury-yields</loc>
		<lastmod>2010-04-09T12:33:34+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 435: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/interview-with-matthew-edge-partner-vertus-capital</loc>
		<lastmod>2010-04-09T12:32:48+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 430: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/thoughts-on-the-current-environment-for-volatility</loc>
		<lastmod>2010-04-09T12:32:12+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 428: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/japan/japans-structural-recovery</loc>
		<lastmod>2010-04-09T12:28:03+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 426: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/two-fof-managers%e2%80%99-observations-on-what-lies-ahead</loc>
		<lastmod>2010-04-09T12:27:24+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 424: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/frm-outlook-for-2006</loc>
		<lastmod>2010-04-09T12:26:47+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 422: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/russia/risks-to-the-russian-scenario</loc>
		<lastmod>2010-04-09T12:26:20+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 420: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/canada/the-canadian-mining-cycle</loc>
		<lastmod>2010-04-09T12:25:46+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 416: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/not-yet-out-of-the-woods-delphi-and-the-credit-derivatives-market</loc>
		<lastmod>2010-04-09T12:25:06+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 412: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/a-market-neutral-approach-for-european-credit-investors</loc>
		<lastmod>2010-04-09T12:24:33+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 410: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/key-high-yield-market-drivers</loc>
		<lastmod>2010-04-09T12:23:51+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 407: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/multi-strategy-hedge-funds</loc>
		<lastmod>2010-04-09T12:23:01+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 405: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/commodities/a-shift-in-the-configuration-of-most-commodity-price-curves-warrants-investors-move-away-from-commodity-index-funds</loc>
		<lastmod>2010-04-09T12:22:31+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 402: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/regulation/back-to-top-back-to-top-back-to-top-recent-sec-registration-has-led-to-several</loc>
		<lastmod>2010-04-09T12:22:00+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 397: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/global-macro/shell-cove-portfolio-insurance-without-the-negative-carry</loc>
		<lastmod>2010-04-09T12:21:25+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 392: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/cta/may-a-perfect-storm-for-ctas</loc>
		<lastmod>2010-04-09T12:20:49+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 389: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/russia/russia-a-buying-opportunity</loc>
		<lastmod>2010-04-09T12:20:14+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 387: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/macro/china-separating-myth-from-reality</loc>
		<lastmod>2010-04-09T12:19:38+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 385: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/commodities/commodity-curve-configuration</loc>
		<lastmod>2010-04-09T12:19:06+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 382: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/general/us-court-decision-on-hedge-fund-manager-supervision</loc>
		<lastmod>2010-04-09T12:18:21+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 380: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/is-it-time-to-go-short-european-credit</loc>
		<lastmod>2010-04-09T12:17:42+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 372: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/japan/the-yen-carry-trade</loc>
		<lastmod>2010-04-09T12:17:04+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 369: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/japan/bojs-role-in-supporting-asset-prices</loc>
		<lastmod>2010-04-09T12:16:31+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 364: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/gtaa/tactical-beta</loc>
		<lastmod>2010-04-09T12:15:17+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 362: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/finding-alpha-through-credit-strategies</loc>
		<lastmod>2010-04-09T12:14:41+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 348: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/russia/prosperity-capitals-latest-investor-trip-to-russia</loc>
		<lastmod>2010-04-09T12:13:39+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 346: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/portfolio-insurance/positive-carry-or-portfolio-insurance</loc>
		<lastmod>2010-04-09T12:13:05+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 344: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/losses-at-amaranth-boost-the-value-proposition-of-fohfs</loc>
		<lastmod>2010-04-09T12:12:35+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 336: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/japan/japan-what-went-wrong</loc>
		<lastmod>2010-04-09T12:11:30+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 333: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/canada/the-amethyst-canadian-dual-arbitrage-fund</loc>
		<lastmod>2010-04-09T12:10:48+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 330: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/hedge-fund-life-cycles</loc>
		<lastmod>2010-04-09T12:10:09+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 328: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/rethinking-the-way-we-look-at-risk</loc>
		<lastmod>2010-04-09T12:09:38+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 316: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/volatility/the-absence-of-forced-sellers-should-keep-volatility-at-bay</loc>
		<lastmod>2010-04-09T12:08:51+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 319: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/macro/the-end-of-central-banks-role-in-stabilizing-asset-prices</loc>
		<lastmod>2010-04-09T12:08:19+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 321: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/risk-overlay/volatility-insurance-program</loc>
		<lastmod>2010-04-09T12:06:29+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 304: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/us-dollar/attractive-levels-to-purchase-volatility-on-the-dollar-yen</loc>
		<lastmod>2010-04-09T12:04:56+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 293: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/introduction-to-commodity-hedge-funds</loc>
		<lastmod>2010-04-09T12:00:33+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 285: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/lbo/the-sheer-size-of-assets-available-for-private-equity-and-lbo-deals-is-affecting-public-markets</loc>
		<lastmod>2010-04-09T11:59:09+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 283: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/lbo/hedge-funds-are-competing-head-to-head-with-buyout-firms</loc>
		<lastmod>2010-04-09T11:58:36+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 267: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/general/film-finance-as-an-additional-source-of-alpha</loc>
		<lastmod>2010-04-09T11:57:56+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 263: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/the-arundel-emerging-managers-fund</loc>
		<lastmod>2010-04-09T11:57:26+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 261: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/macro/there%e2%80%99s-more-to-russia-than-the-energy-sector</loc>
		<lastmod>2010-04-09T11:56:59+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 252: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/the-amida-partners-master-fund-ltd-a-global-relative-value-strategy</loc>
		<lastmod>2010-04-09T11:56:10+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 254: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/cta/the-swisscanto-total-return-fund</loc>
		<lastmod>2010-04-09T11:55:23+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 245: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/canada/canadian-high-yield-hedge-investing</loc>
		<lastmod>2010-04-09T11:54:53+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 242: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/macro/of-bubbles-and-men-why-the-run-up-in-chinese-asset-prices-is-nothing-new</loc>
		<lastmod>2010-04-09T11:54:08+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 232: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/risk-overlay/volatility-hedges-have-performed-well-for-investors-since-the-beginning-of-the-year</loc>
		<lastmod>2010-04-09T11:53:20+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 230: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/credit-may-not-be-as-dirty-a-word-as-you-think</loc>
		<lastmod>2010-04-09T11:51:25+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 228: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/macro/the-asian-financial-crisis-10-years-later</loc>
		<lastmod>2010-04-09T11:50:56+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 217: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/oil/oil-opec-and-the-us-dollar-by-gavekal-research</loc>
		<lastmod>2010-04-09T11:50:26+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 215: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/japan/shorting-japan-between-now-and-march-%e2%80%9908-is-a-dangerous-proposition-by-gavekal-research</loc>
		<lastmod>2010-04-09T11:49:37+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 213: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/latest-on-the-european-credit-markets</loc>
		<lastmod>2010-04-09T11:48:51+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 210: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/gtaa/have-gtaas-fulfilled-their-promise</loc>
		<lastmod>2010-04-09T11:48:19+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 205: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/quants/view-from-the-battlefield-assessing-the-turmoil-in-quantitative-trading-in-august-2007</loc>
		<lastmod>2010-04-09T11:47:38+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 141: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/macro/the-second-wave-by-gavekal-research</loc>
		<lastmod>2010-04-09T11:47:03+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 138: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/of-greeks-and-men</loc>
		<lastmod>2010-04-09T11:46:22+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 134: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/convertible-arbitrage/the-case-for-converts</loc>
		<lastmod>2010-04-09T11:45:35+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 120: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/allocating-to-hedge-funds-learning-to-love-%e2%80%9cfrontier-beta%e2%80%9d-and-why-small-is-beautiful</loc>
		<lastmod>2010-04-09T11:45:09+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 123: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/liquidity-and-value-are-two-very-different-things</loc>
		<lastmod>2010-04-09T11:44:19+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 126: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/macro/pro-value-anti-bubble-the-impact-of-the-us-slowdown-on-its-trading-partners</loc>
		<lastmod>2010-04-09T11:43:52+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 129: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/risk-overlay/the-pricing-of-portfolio-insurance-products</loc>
		<lastmod>2010-04-09T11:43:19+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 112: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/the-outlook-for-credit-managers-and-the-distressed-cycle</loc>
		<lastmod>2010-04-09T11:42:43+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 116: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/january-in-review</loc>
		<lastmod>2010-04-09T11:41:55+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 103: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/activists/activist-hedge-funds</loc>
		<lastmod>2010-04-09T11:41:13+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 107: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/the-cds-primer</loc>
		<lastmod>2010-04-09T11:40:43+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 79: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/long-short-equity/long-short-ideas-in-the-european-banking-sector</loc>
		<lastmod>2010-04-09T11:40:08+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 82: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/hedge-funds-prospects-and-perspective</loc>
		<lastmod>2010-04-09T11:39:20+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 91: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/long-short-equity/the-long-short-of-it</loc>
		<lastmod>2010-04-09T11:38:19+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 68: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/snapshot-of-the-bank-loan-market</loc>
		<lastmod>2010-04-09T11:37:47+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 72: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/canada/amethyst-arbitrage-fund-thoughts-on-the-canadian-converts-and-merger-arbitrage-markets</loc>
		<lastmod>2010-04-09T11:37:11+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 63: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/macro/a-potential-chinese-slowdown</loc>
		<lastmod>2010-04-09T11:36:33+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 58: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/hedge-fund-blow-ups</loc>
		<lastmod>2010-04-09T11:36:05+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 1: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/hello-world</loc>
		<lastmod>2010-04-09T11:35:40+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 18: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/the-fund-of-funds-value-proposition</loc>
		<lastmod>2010-04-09T11:34:56+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 23: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/big-isnt-always-beautiful</loc>
		<lastmod>2010-04-09T11:34:32+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 169: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/madoff/ship-of-fools</loc>
		<lastmod>2010-04-09T11:34:02+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 189: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/punished-for-doing-a-good-job</loc>
		<lastmod>2010-04-09T11:33:27+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 196: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/a-golden-age-for-hedge-fund-returns</loc>
		<lastmod>2010-04-09T11:32:33+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 555: Comments: 2 of 4 = 0.5 points -->
	<url>
		<loc>http://www.variancecapital.com/portfolio-construction/managed-account-platforms-realignment-of-interest-between-hedge-fund-managers-and-their-investors</loc>
		<lastmod>2010-04-09T11:32:00+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.5</priority>
	</url>
<!-- Debug: Priority report of postID 780: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/funds-are-preparing-to-meet-investor-redemptions</loc>
		<lastmod>2010-04-09T11:29:01+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 789: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/global-macro/reset-or-recovery</loc>
		<lastmod>2010-04-09T11:02:56+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 767: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/fund-of-fund-benchmarking</loc>
		<lastmod>2010-04-09T10:43:41+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 793: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/talf-troubled-asset-relief-program</loc>
		<lastmod>2010-04-09T10:43:16+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 776: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/credit/arbitrage-opportunities-in-credit</loc>
		<lastmod>2010-04-09T10:42:46+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 833: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/macro/counter-intuitive-trends-in-earnings-for-chinese-corporates</loc>
		<lastmod>2010-04-09T10:41:21+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 847: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/portfolio-construction/ctas-volatility-and-2009-performance</loc>
		<lastmod>2010-04-09T10:40:13+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 839: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/the-value-of-managed-futures</loc>
		<lastmod>2010-04-09T10:39:14+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 882: Comments: 1 of 4 = 0.3 points -->
	<url>
		<loc>http://www.variancecapital.com/environment/protecting-the-primary-rain-forest-of-the-congo-river-basin</loc>
		<lastmod>2010-04-09T10:36:24+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.3</priority>
	</url>
<!-- Debug: Priority report of postID 894: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/long-short-equity/the-environmental-investment-partnership</loc>
		<lastmod>2010-04-09T10:35:30+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 877: Comments: 1 of 4 = 0.3 points -->
	<url>
		<loc>http://www.variancecapital.com/thames-river/bringing-in-the-harvest</loc>
		<lastmod>2010-04-09T10:33:57+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.3</priority>
	</url>
<!-- Debug: Priority report of postID 909: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/lotus-peak-views-for-2010</loc>
		<lastmod>2010-04-09T10:31:28+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 920: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/arrowhedge-views-for-2010</loc>
		<lastmod>2010-04-09T10:29:55+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 915: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/the-argument-for-a-multi-year-bull-market-in-hedge-fund-returns-is-still-intact</loc>
		<lastmod>2010-04-09T10:29:17+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 928: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/the-year-in-review</loc>
		<lastmod>2010-04-01T13:16:26+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
	<url>
		<loc>http://www.variancecapital.com/about</loc>
		<lastmod>2010-04-01T10:14:14+00:00</lastmod>
		<changefreq>weekly</changefreq>
		<priority>0.6</priority>
	</url>
	<url>
		<loc>http://www.variancecapital.com/blog-archive</loc>
		<lastmod>2010-04-01T10:11:43+00:00</lastmod>
		<changefreq>weekly</changefreq>
		<priority>0.6</priority>
	</url>
<!-- Debug: Priority report of postID 161: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/macro/a-v-shaped-recovery-is-somewhat-unrealistic</loc>
		<lastmod>2009-02-27T11:50:48+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 357: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/structured-products/vppp-a-tool-to-empower-single-managers</loc>
		<lastmod>2009-02-26T09:06:08+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 32: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/fund-of-funds/managing-payment-in-kind-assets</loc>
		<lastmod>2009-02-26T08:25:54+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 40: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/macro/chinas-structural-adjustment</loc>
		<lastmod>2009-02-26T08:25:26+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
<!-- Debug: Priority report of postID 538: Comments: 0 of 4 = 0 points -->
	<url>
		<loc>http://www.variancecapital.com/general/differentiating-stand-alone-hedge-funds-from-those-owned-by-traditional-asset-managers</loc>
		<lastmod>2009-02-25T18:39:45+00:00</lastmod>
		<changefreq>monthly</changefreq>
		<priority>0.2</priority>
	</url>
	<url>
		<loc>http://www.variancecapital.com/disclaimer</loc>
		<lastmod>2009-01-16T10:38:07+00:00</lastmod>
		<changefreq>weekly</changefreq>
		<priority>0.6</priority>
	</url>
	<url>
		<loc>http://www.variancecapital.com/contact</loc>
		<lastmod>2009-01-16T10:34:53+00:00</lastmod>
		<changefreq>weekly</changefreq>
		<priority>0.6</priority>
	</url>
	<url>
		<loc>http://www.variancecapital.com/services</loc>
		<lastmod>2009-01-16T10:14:52+00:00</lastmod>
		<changefreq>weekly</changefreq>
		<priority>0.6</priority>
	</url>
	<url>
		<loc>http://www.variancecapital.com/hedge-fund-universe</loc>
		<lastmod>2009-01-16T10:13:37+00:00</lastmod>
		<changefreq>weekly</changefreq>
		<priority>0.6</priority>
	</url>
<!-- Debug: End Postings -->
<!-- Debug: Start Custom Pages -->
<!-- Debug: End Custom Pages -->
<!-- Debug: Start additional URLs -->
<!-- Debug: End additional URLs -->
</urlset>
