Explosion of data both at gatekeeper and asset manager
Managers of active funds, including hedge funds, are under increasing pressure to back up their investment ideas and performance with qualitative data. By using data science, they can better justify the level of their fees.
That’s according to a survey entitled “The Art of Alpha”, all about investment data science done by custodian bank Northern Trust among 300 CIOs and portfolio managers of asset managers around the world.