STUDY REVEALS EFFECTIVENESS OF INVESTMENT MANAGERS’ USE OF ALTERNATIVE DATA
According to a new study from fintech Exabel with portfolio managers and investment analysts who focus on fundamental investing on their use of alternative data just 23% describe their organisation’s process for using it as ‘excellent’. Some 63% describe it as good, but around one in eight (12%) say it is average.
Alternative data is defined as non-traditional data that can provide an indication of future performance of a company outside of traditional sources such as company filings, broker forecasts, and management guidance. Exabel provides investors with a platform to make the most out of alt...