Alternative Data is the Key to Investor Success

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 expecting to use alternative data (per Ernst & Young, up from 52% in 2016). Hedge funds seek alternative data sets because they want a unique view of the market or a business or industry. Historically, analysis of traditional data – SEC filings, quarterly earnings, press releases, etc. – has been a cornerstone and common denominator of investment strategy. However, alternative data – sources such as survey…...