Alternative data providers see huge potential in providing their data to discretionary asset managers who are losing assets to quantitative and systematic funds.
Call them cyborgs. Morgan Stanley is about to augment its 16,000 financial advisers with machine-learning algorithms that suggest trades, take over routine tasks and send reminders when your birthday is near.
… the model of hedge funds charging “2 and 20” — a 2 per cent management fee and 20 per cent performance fee — for investing in large-cap stocks rising and falling “doesn’t work any more” and is ripe for disruption.
CloudQuant is THE trading strategy incubator. We’re building a free python data research tool for ordinary people with extraordinary trading ideas. We license and fund the best trading strategies and pay our users a share of the profits. Our group is a FINTECH startup housed under the umbrella of a trading firm with existing infrastructure and financial resources.