Subdiagonal algebras with Beurling type invariant subspaces

Abstract: Let

m a t h f r a k A

be a maximal subdiagonal algebra in a

s i g m a

-finite von Neumann algebra

m a t h c a l M

. If every right invariant subspace of

m a t h f r a k A

in the non-commutative Hardy space

H^{2}

is of Beurling type, then we say

m a t h f r a k A

to be type 1. We determine generators of these algebras and consider a Riesz type factorization theorem for the non-commutative

H^{1}

space. We show that the right analytic Toeplitz algebra on the non-commutative Hardy space

H^{p}

associated with a type 1 subdiagonal algebra with multiplicity 1 is hereditary reflexive.

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