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.
Data provenance is one of the main topics that comes up in all our monthly legal workshops, so we decided to dedicate an entire session to the topic.
Satellite data use may not be as prevalent as the press might imply but has been adopted by some of the larger and more sophisticated financial institutions. The legal and compliance issues tend to be less onerous than some other forms of alternative data.
Alternative data and analysis from Hatched Analytics highlighted below consensus subscriber growth for Disney+ in the June quarter of 2020.
Edison offered a positive revenue prediction for McDonald’s on Eagle Alpha’s Alpha Capture platform on June 25th, 2020 based on traction for food delivery, particularly for the breakfast time period.
