by CDO Review Staff | Aug 8, 2019 | Asset Management and Trading
Former quant Bob Henderson tells a cautionary tale about how real life does not always hew to even the most well-constructed models. From Pocket: “The point of the story,” Rebonato continued, “is that you always come to data with a structural model behind”—meaning...
by CDO Review Staff | Aug 8, 2019 | Asset Management and Trading
Hedge funds are poking through all manner of alternative data like Twitter feeds, job postings, or Fitbit usage to gain that necessary trading edge that would spell success in tough markets. Hema Parmar filed this report for Bloomberg: “There is not one major hedge...
by CDO Review Staff | Aug 8, 2019 | Asset Management and Trading
Two Six Capital co-founder Sajjad Jaffer jokes that that last major technological innovation in private equity was the launch of the Excel spreadsheet. Six years later, Two Six Capital has been involved in over $27 billion worth of closed private equity transactions...
by CDO Review Staff | Aug 8, 2019 | Asset Management and Trading
Artificial Intelligence (AI) and machine learning algorithms are beginning to muscle out humans in devising investment strategies based on their ability to detect patterns and sniff out trends in real time. Lizzy Gurdus filed this report for CNBC: A.I. has even taken...
by CDO Review Staff | Jul 15, 2019 | Asset Management and Trading
The Yale School of Management will begin to offer a new degree program in asset management starting in 2020. The new degree program will be open to students with three years of work experience or less. Particular emphasis will be made on the use of data science and...
by CDO Review Staff | Jul 15, 2019 | Asset Management and Trading
The prospects of huge returns encourage a headlong rush into AI applications for private equity professionals. But real challenges remain and the penalty for mistakes could be quite substantial. Here is an excerpt from a report published in JDSupra: According to a...
