Earlier this week, Goldman Sachs announced that Bridgewater’s senior manager Jeff Wecker is joining them as Chief Data Officer. His role will be across all of GS, including GSAM.
Natural Language Processing (NLP) is an evolving field that asset managers are starting to use in their investment processes.
We arranged this interview with a provider of email receipt data to learn more about potential applications. The data is gathered from aggregated purchase receipts extracted from the US-based panel of email and assistant mobile app users’ mailboxes.
Trade nowcasting indicators provide valuable insights into international trade and industrial production.
Over the last 2 weeks Eagle Alpha has presented at 7 alternative data events worldwide. The events were in London (Citi and Accenture/Investit events), Charleston (Citi equity derivatives conference), Hong Kong (BoA and Factset events) and Singapore (Factset and Quantcon).
Cross-sectional analysis of our partner dataset, performed by J.P. Morgan, generated annualized returns of 16.2% and a Sharpe ratio of 1.13.
Testing shows that there is alpha in the data, with the “Jobs Active” variable producing the highest and most consistent returns (6-8% yearly).
Clifton Global, an international executive search firm specializing in the placement of quants and big/alternative data executives, published the attached report that examines hiring trends for alternative data-focused asset managers.
Estimize, an open financial estimates platform, launched a series of one-day conferences called Learn 2 Quant.
SpaceKnow developed products for monitoring economic activity for a wide variety of both consumer and enterprise clients through AI-powered satellite image analysis tools.
Greenwich Associates published a new report (attached) that examines how asset managers and hedge funds are finding, using, and benefiting from alternative data sources
At Eagle Alpha, our analysts are always conscious of the tradeoff between improving the collection technique for a data source while still maintaining the integrity of the signal derived from that source.
