There are hundreds of so-called alternative data/big data providers that have sprung up in recent years, at the ready to help hedge fund managers make millions.
However, practitioners are sharpening their analysis skills of the data as reliance in the hedge fund industry has proliferated in recent years.
Qaisar Hasan, portfolio manager for the 1798 Q Fund at Lombard Odier Investment Management and developer of Point 72’s data-driven long/short investment strategy, recalls a light-bulb moment that he had around 10 years ago.
He saw the trends driving . . .
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