On the algebra of local unitary invariants of pure and mixed quantum   states
  We study the structure of the inverse limit of the graded algebras of local unitary invariant polynomials using its Hilbert series. For k subsystems, we conjecture that the inverse limit is a free algebra and the number of algebraically independent generators with homogenous degree 2m equals the number of conjugacy classes of index m subgroups in a free group on k-1 generators.   Similarly, we conjecture that the inverse limit in the case of k-partite mixed state invariants is free and the number of algebraically independent generators with homogenous degree m equals the number of conjugacy classes of index m subgroups in a free group on k generators. The two conjectures are shown to be equivalent.   To illustrate the equivalence, using the representation theory of the unitary groups, we obtain all invariants in the m=2 graded parts and express them in a simple form both in the case of mixed and pure states. The transformation between the two forms is also derived. Analogous invariants of higher degree are also introduced. 
Peter Vrana
quant-ph math-ph math.MP