Buy-in from the top is essential but everyone in the investment process from engineers to data scientists, PMs and analysts all need to be on board, or risk failure.
The following is a synopsis of one of the presentations at Eagle Alpha’s ESG roundtable on 20th August 2020. Derryck Coleman, Director of Research Analytics at Audit Analytics discussed the consequences of the WireCard collapse.
Riyaz Nakhooda, VP of Strategic Partnerships at Accern, discussed how Artificial Intelligence can be applied to ethically driven investing.
Managers need to build out the capabilities, personnel and legal departments to address the ESG market. But funds should do it anyway as there is alpha potential in ESG investing. ESG outperforms so why not do it. Put the effort in it will pay off in performance and alpha.
We discussed the corporate announcements from BP, Amazon and Microsoft on their de-carbonization strategies and changes in corporate strategy as a new trend.
The panel discussed the relationship between ESG scoring and credit spreads and the relationship seen in Hermes research.
Richard Excell, ex UBS trading and hedge fund manager, discussed the criteria and conditions for a bubble. Looking at ESG indices there is inconsistency in performance which means benchmark selection is a major factor.
Peter Greene and Ben Kozinn of Lowenstein Sandler LLP welcomed the resolution of the City of Los Angeles Vs. The Weather Channel case. The settlement is more robust disclosure by the app provider with respect to its use of geolocation data.
This case study deck looks at alternative data applications for supply chain analysis. The data is applied to macro and equity use cases and examines five main themes: trade, satellite, geo-location, Internet of Things, relationship databases
In this paper, the authors use unique and proprietary data from a large Fintech lender to analyze whether alternative data captured from an individual’s mobile phone can substitute for traditional credit bureau scores. Their analysis suggests marginal benefit of using alternative data.
On July 9th, 2020, a House Committee on Consumer Protection and Commerce called for federal privacy legislation to be enacted. Representative McMorris Rogers supported a Committee Staff Discussion Draft from December 2019 and called for bi-partisan support on the issue.
