The future belongs to the quantamental
From the COO of Qineqt, a thoughtful piece that argues quantamental is the only way forward in an era where we are “drowning in information but starved for knowledge.” Read More
Two Sigma buys space in Cornell Tech building
The Cornell Daily Sun
In support of “gain[ing] value from the world’s data,” Two Sigma will operate its Collision Lab in Cornell’s Bridge building, set to open in September. With the move, the hedge fund hopes to surround itself with bright students and big ideas. Read More
Six areas of AI and machine learning to watch closely
Medium
Brush up on your AI with this efficient primer outlining six key themes noteworthy for their ability to impact digital products and services. Read More
GCM Grosvenor invests in alt data start-up Prattle
Business Insider
Prattle, an alternative data start-up that offers quantitative data on central bank communications, raised a $3.3 million seed round of financing led by GCM Grosvenor. Read More
China goes from fake GDP data to no data amid worries about housing market
Financial Review
Two publishers of Chinese real estate data confirmed they will no longer publish monthly home prices, insinuating that the discrepancy with government reports is not acceptable. Read More
Glassdoor provides free access to data for investors
Financial Times
Fund managers are using the company review board to perform due diligence, but they must beware of bias and opportunities for abuse. Read More
Artificial intelligence hedge funds outperforming humans
Investopedia
According to Eurekahedge, AI-driven funds have returned 8.44% over the past six years, versus 2.62% for the CTA/Managed Futures index and 1.62% for the trend following index. Read More
Conference alert: AI and data science for capital markets
Newsweek
Newsweek and IBT are hosting this event in London, March 1-2. Prominent alternative data providers, academics and technologists will be in attendance. Read More