Alternative data consists of newly available data sources that arise from recent technological changes.
PeerLogix, an advertising technology and data aggregation company, tracks and catalogs over-the-top (OTT) viewership and listenership in order to determine consumer trends and preferences based upon media consumption.
GSAM’s Emerging Markets CORE Equity fund reported impressive results: the returns equaled 52% over a three-year period and assets under management increased by more than 75% in H1 2017.
WorldQuant, a quantitative investment management firm, published an overview article about the alternative data space.
Earlier this year, both Citi and J.P. Morgan published reports on asset managers innovating their investment processes with alternative data sources.
The attached report, prepared by the Wells Fargo Economics Group, covers big data applications and utilization in economics and finance.
Credit card transactions, web scraping and document text analysis are all the “hot right now” trends for more traditional asset managers to dip their feet into the alternative data pool, and those are the ones I have found myself exploring in the last couple of years.
Eagle Alpha organized the first showcase events of consumer transaction datasets in NYC (March 23rd, 2017) and London (March 21st, 2017). Five alternative data companies pitched to 100 buyside firms in NYC and 40 in London.
Newsweek and International Business Times held an Artificial Intelligence and Data Science in Capital Markets conference in London on March 1-2, 2017.
In its recent Global Equity Outlook, BlackRock outlined its position on the attractiveness of China’s equities: “Making money in Chinese stocks requires dropping one’s preconceptions, paying close attention to policy priorities and using new data sources to generate ideas.
