Future Finance
Quants Sound Alarm as Everyone Chases Same Alternative Data
- Real-time insights credited with investing wins amid pandemic
- Practitioners flag diminishing returns, misleading conclusions
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When the pandemic struck, George Mussalli used social media and Google searches to suss out which companies were gripped by a sudden collapse in sales.
By scraping bulletin boards for clues on staff morale, the quant at PanAgora Asset Management dug deep for high-frequency insights to navigate his strategies through the crash.