Managing Eagle Alpha's premium alternative data research and strategy offering and delivering tailored advisory, sourcing, and strategic assistance to investment management clients.
The purpose of the first monthly online meeting held on the 20th of February was to discuss several topics at a high level.
This year’s Discovery Day 2018 was held in Miami where global industry leaders shared their extensive knowledge on alternative data to an audience of banks, hedge funds, and asset managers.
We arranged this interview with a provider of mobile & technology data. The vendor tracks more than 3,000 models and 500 brands in 40 countries.
To back-test data, a dataset is divided into a training portion and a testing portion. The typical split of the data is 50/50 or 66/33. A model is built using the training data.
On December 5th 2017, Eagle Alpha organized the largest ever alternative data showcase event with 43 vendors pitching to over 100 buyside professionals.
Testing showed that firms with lower employee turnover systematically outperformed those with higher turnover rates.
Our CEO attended the Battlefin event in Miami at the end of January 2018. Attendees included anyone interested in alternative data including the sellside (e.g. Jefferies), strategics (e.g. FactSet, S&P), service providers, consultants etc.
Alternative data is non-traditional data that can be used in the investment process. According to our most sophisticated clients, there are already 1,200 alternative datasets available. We split the datasets into 24 categories.
Michael Reece, Chief Data Scientist at Neuberger Berman, published an article sharing his thoughts on the adoption of alternative data sources by portfolio managers.
In January 2018, The Bank of England published a working paper (attached) titled ‘News and Narratives in Financial Systems: Exploiting Big Data for Systemic Risk Assessment.’
With proliferating data and broader use by investment managers come greater media, regulatory and legal risks.
