Struggling Asset Manager’s Increasingly Resort to Alternative Data
RavenPack- “Other findings from the survey showed alternative data use had increased from the previous year, and that 64% of asset managers were using multiple sources, with 20% using more than 10 data sources. … In terms of application, the most common approach – with 42% saying they adopted it – was to incorporate the data into ‘supervised algorithms’ where the final decision was discretionary. … 22% of respondents used the data in a “semi-supervised” fashion, whilst “reinforcement and deep learning are each utilized by 19% of surveyed managers”, said the survey.”

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