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Alternative data usage accelerates within hedge funds

Neudata News
8 Apr 2021

A recent survey from the Alternative Investment Management Association showed that hedge fund managers are accelerating their usage of alternative data and the machine learning/AI capabilities needed to make sense of the data.

The report — which interviewed over 260 hedge fund managers with a total of USD 1.3trn in assets under management — revealed that over half of firms are investing in new technologies.

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Sondra Campanelli News Editor (London)