Top hedge fund analysts face 10% pay hit as industry struggles
Financial Times (subscription)
Senior investment professionals at hedge funds are projected to take a hit this year as the industry struggles through one of its worst periods since the financial crisis. Average total compensation for senior analysts will fall around 10% from $651,500 in 2017 to $589,000 this year, according to advisory firm CompIQ. Read More
Parking lots don’t tell the full story: the trouble with alt data
Bloomberg (subscription)
Satellite imagery of parking lots can help track sales before they’re reported, but alternative data can’t tell you everything. Industry veterans tell Bloomberg what has worked for them, what hasn’t, and what they look for (or avoid) in data sets. Read More
Insurers: The first and next alt-data innovators?
Carrier Management (subscription)
Quandl co-founder and Chief Data Officer authored this byline for Carrier Management magazine to help insurers understand the value of their own data to Wall Street. Read More
Next-gen ESG: Going beyond the basics
Capital Finance International
Investors have long searched for actionable sources of non-financial information, data that may not be on the balance sheet but still offers material and relevant insights. Lately the emphasis has turned to ESG data. Read More
Separation brings value for fintech spinoffs
Waters Technology (subscription)
Wall Street firms have discovered the value of alternative data for investing. Now they’re seeking to profit from the datasets and technologies that they have raised in house, and are set to take advantage of commercial opportunities for these tools. Read More
How to empirically measure alt-data’s true value
Lucena Research
Lucena Research walks us through using a backtest to evaluate turnover and transaction costs. Read More
The convergence of investment research and alternative data
Integrity Research
Asset managers have reduced their spending on sell-side and independent research in the past few years, yet many firms have sharply increased their spending on alternative data sets as they look for innovative sources of investment insight. Read More
How to set up an AI R&D lab
Harvard Business Review
There’s a common misconception that rebranding as an AI company is as simple as having data, infrastructure, and off-the-shelf data and analytics. The reality is that AI is complex, high-risk, expensive, and often requires significant business transformation. Read More
New marijuana data clears haze for investors
Barron’s
Alternative investment data is a hot trend, and it’s hooking up with another one: marijuana. Headset, an analytics firm that works with marijuana retailers to help them track sales and inventory, will offer data on pot trends to the investment world. Read More