Meeting Notes From the First Online Meeting
The purpose of the first monthly online meeting held on the 20th of February was to discuss several topics at a high level.
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.
On December 5th 2017, Eagle Alpha organized the largest ever alternative data showcase event with 43 vendors pitching to over 100 buyside professionals.
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.
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.’
On November 30th, 2017, Eagle Alpha organized the first one-day event dedicated to how equity investors are using alternative data. The event was hosted by FactSet at their London offices.
WorldQuant, a quantitative investment management firm, published an overview article on the topic of Big Data stating that ‘access to large diverse quantities of data has the capability to revolutionize our world, but only if we can harness the tools and technology to manage, store and analyze it.’
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.
Heidrick & Struggles is a global executive search firm founded in 1953 in Chicago, Illinois. The company recently published a paper (attached) titled “Building a Quantamental Investing Team”
Deloitte published a new paper (attached) on alternative data discussing adoption, advanced technologies for alpha generation, risks and rewards of using alternative sources. Eagle Alpha is profiled as the leading data vendor. Some key takeaways are presented below: