Quandl and the Alternative Data Revolution

3 min read

Data Revolution

Alpha, as a measure of active management skills in the fund’s world, gauge the manager’s ability to beat the market. Skills aside, it is also largely related to information sources that the manager uses, such as market news, stock ideas, marketing forecasts, investing strategies, earnings reports, transcripts, and filings. But thanks to the explosion in Big Data, a whole new world of possibilities is opening up for alpha generation. According to JP Morgan’s comprehensive May 2017 paper “Big Data and AI Strategies – Machine Learning and Alternative Data Approach to Investing,” about 90% of the data in the world was…...

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Dr Justin Chan Dr Chan founded DataDrivenInvestor.com (DDI) and is the CEO for JCube Capital Partners. Specialized in strategy development, alternative data analytics and behavioral finance, Dr Chan also has extensive experience in investment management and financial services industries. Prior to forming JCube and DDI, Dr Chan served in the capacity of strategy development in multiple hedge funds, fintech companies, and also served as a senior quantitative strategist at GMO. A published author at professional journals in finance, Dr. Chan holds a Ph.D. degree in finance from UCLA.