Hedge Fund

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,...

Alternative data is gaining popularity among hedge fund managers and financial institutions these days. Despite the fact that it opens up new layers of challenges and complexities in the asset selection process, alternative data...

Alternative data conferences connect actors in the buy-side ecosystem to explore novel use cases as the demand for alternative data is increasingly intense.  Only the largest and most sophisticated players with distinctly unique roles...

When North Korea appears in mainstream media headlines, one of the last descriptors you’d expect to see is “tremendous opportunity.” And yet, now that the U.S. and North Korea have concluded an apparently successful summit...

Here is an interview with a professional investment analyst. As a bit of background information, in the interest of preserving anonymity, he is in Equity Research at a Chinese mutual fund with <10 Billion...

Exploring Future Scenarios with the Changing Climate The growing number of high-intensity acute physical hazards like wildfires and floods have been a source of increasing alarm and concern for public and commercial interests alike.  Right...

Foreword: Small-cap ($300M — $2B USD market cap) stocks provide immense opportunity to outperform the general index because bigger managers move to large-cap stocks where more capital can be put to work. This leaves many...

How much to raise is both an art and a science, a topic discussed at length in many other posts. What this article will focus on are the reasons specifically an entrepreneur similar to...

Today’s hedge fund managers and analysts are increasingly shifting their gaze toward alternative data as a linchpin asset to drive investment decisions. In fact, seventy-eight percent of hedge funds are currently using or are...

We discuss about the irreversible factors in global cycles and their drivers. We then discuss the risk aversion cycle and hedging, and how Bitcoin is becoming the Alpha of hedging assets. In Part 1, we...

Creating great options strategies is a process of trial and error. This article is about those errors. Bad Strategy #1 — Selling Naked Options: The pinnacle of recklessness. This graph shows that if the market goes up, the...

Machine learning is a branch of artificial intelligence that has grabbed a lot of headlines previously. People are fascinated by the concept of machines seemingly ‘thinking’, and learning how to carry out tasks more...

Making the right decisions and grabbing opportunities in the fast moving world of finance can make a difference to your bottom line. This is where artificial intelligence and machine learning make a tangential difference....

When Alfred Winslow Jones pioneered the world's first "hedged" fund (the "d" was dropped later) he blew other investors away by borrowing funds to short 20% of the stocks trading at the time. He...

We recently discussed how companies such as Quandl are leading this alternative data revolution. Now, quantitative hedge funds are only too willing to spend substantial amounts of time, money and effort obtaining such data,...

The Full Extent of How Your Personal Data is Being (Mis)used You are going to the supermarket for groceries; on your shopping list, you have fruits, chocolate, and paper towels. While this is a simple...

For several years now, my focus has been on using alternative data of many kinds to predict macroeconomic statistics. When ran the Futures Group for the PDT Group at Morgan Stanley in the 1990’s...

Data that was once hiding in plain sight can hide no more. With sophisticated software, new data continues to be extracted – or ‘scraped’ – from a growing variety of online sources. Coupled with...

Yahoo Finance API is over -- long live New Finance APIs! The Yahoo Finance API has long been a reliable tool for many of the data-driven investors. Many have relied on their real-time data-flow and have...

This research article analyzes the impact of portfolio diversification when applied to a portfolio of stocks and bonds. In particular, it shows that by spreading the investment on uncorrelated asset classes an investor may...