Asia investors boost use of unorthodox data sources to beat benchmarks
Reuters
BlackRock continues to push the envelope on alternative data, using satellite imagery to better understand the Chinese economy. Read More
Analytics firm uses 1 trillion social posts to predict stock movements
Business Insider
Social media listening tools used to sell specifically to brands and media companies. But with eight years of data from social posts, Crimson Hexagon adds value to Wall Street. Read More
How Chipotle’s comeback attracted big data robots and value investors alike
Forbes
Pershing Square isn’t alone in their billion dollar burrito bet. Other opportunistic funds used various alternative data sources to bet on a post-scandal Chipotle stock. And they couldn’t be happier with the results. Read More
Hedge fund Coatue invests in Domino Data Lab
The Wall Street Journal (subscription)
Coatue is betting Domino can become for data science what Microsoft Excel is for financial analysts. Read More
AI will not replace the analyst
Markets Media
“To say that quantitative research is a fully automated function within the trading world is to confess your blindness to what actually is required of trading strategies.” Humans 1, Machines 0. Read More
MapD Technologies adds distributed processing to GPU-powered analytics platform
PR Newswire
If you need off-the-charts performance for visualization of very large datasets, have a look at the release details for version 3.0 of MapD’s flagship product. Read More
Neudata names Stephen Morse Advisor in the US
MarketWatch
Big data and fintech guru Stephen Morse joins Neudata’s platform to partner with and advise hedge fund and other asset managers on alternative data. Read More
A legal perspective on using drones for investing
ZwillGen Blog (video)
It may be tongue-in-cheek but this video offers good intelligence on what to look for if using drones to collect alternative data. Read More