Buyside
Goldman Sachs Hires a Chief Data Officer
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.
S&P Global Market Intelligence: Primer on Natural Language Processing
Natural Language Processing (NLP) is an evolving field that asset managers are starting to use in their investment processes.
Lessons from Working with Email Receipt Data
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.
Lessons from Working with Trade Data
Trade nowcasting indicators provide valuable insights into international trade and industrial production.
Observations from Seven Alternative Data Events
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).
Alpha in Email Receipt Data
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.
Alpha in Employment Data
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: Alternative Data – An Opaque but Golden Frontier
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.
Learn 2 Quant Events in NYC and Hong Kong
Estimize, an open financial estimates platform, launched a series of one-day conferences called Learn 2 Quant.
How SpaceKnow Analyzes Satellite Imagery Data
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: Putting Alternative Data to Use in Financial Markets
Greenwich Associates published a new report (attached) that examines how asset managers and hedge funds are finding, using, and benefiting from alternative data sources