How to Know if a Hedge Fund Manager has Big Data in their DNA
Braxton Mckee, CEO of Ufora - a data consulting and technology company - explained what signs indicate that a hedge fund is taking Big Data seriously.
Braxton Mckee, CEO of Ufora - a data consulting and technology company - explained what signs indicate that a hedge fund is taking Big Data seriously.
Gene Ekster, CFA is Eagle Alpha’s advisory board member who works with asset management firms and data providers in a consulting capacity to help integrate alternative data into the investment process.
Jeff Shen, co-chief investment officer of BlackRock’s Scientific highlighted the importance of unusual sources such as satellite imagery, Q&A transcripts, online search and social media.
German fund manager, Catana Capital, decided to launch a hedge fund solely based on Big Data analysis. The idea is to process massive datasets using artificial intelligence algorithms and make investment decisions according to independent signals. Catana Capital is pursuing a four-step strategy.
Daniel Goldberg is Eagle Alpha’s advisory board member who ran TangentDS – a company which turned email receipts into actionable insights. Prior to this, Mr. Goldberg was an analyst at Hunter Global and Bear Stearns.
Winton Capital Management, a London-based CTA with $34.5 billion AUM, decided to open a San Francisco office in order to advance its data gathering and interpretation capabilities.
New data-driven techniques are being continuously implemented by the asset management community.
Schroders pointed out that a Data Insights team, which was set up in 2015, could become the company’s key differentiator. The team’s goal is to complement fund managers and analysts in their research, find actionable alternative datasets and extract the hidden information.
Randy Bean, CEO and managing partner of NewVantage Partners, published an article in HBR citing his company’s Big Data executive survey.
Robert Maxwell, finINTEL Solutions CEO, recently published a report (attached) highlighting the way datafication is aiding oil & gas analysts.
This asset manager was introduced in our recent article. It is actively applying alternative data analysis techniques within its investment management process.