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PanAgora Asset Management has developed a new way to measure and scale sustainable investing using an unsupervised machine learning model, according to a recently released academic paper from the group. The research, which allows investors to algo...
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Hedge fund optimism grows amid strong performance, inflows
Confidence levels among hedge fund managers are at their highest levels in recent years amid strong industry performance and capital inflows, according to a new report from the Alternative Investment Management Association. Among the 300 hedge fun... -
Apple announces privacy features to limit data collection in iOS 15
Apple unveiled new privacy features at its annual software developer conference on Tuesday, highlighting several changes it will make this fall to limit data collection within its operating system. Chief among the changes is a new service — called... -
SIGTech expands into US market with new senior hires
SIGTech, a quant trading platform, is establishing a new office in New York as it looks to expand its reach among US asset managers. The service provider, which already counts AllianceBernstein, Brevan Howard, GAM and MasterLink among its clients,... -
FiscalNote acquires two data intelligence firms
FiscalNote, a data provider that provides predictive analytics on legislative and regulatory actions, has announced two acquisitions that expand its global data offering. The two firms are Fireside, a Washington, DC-based provider of constituent m... -
IHS Markit plans for partial divestiture ahead of S&P merger
IHS Markit is planning to sell subsidiary businesses that supply pricing data for certain commodities ahead of its merger with S&P Global. The two firms announced last week that IHS Markit would divest from its Oil Price Information Services (... -
Don’t get lost in translation – How to speak the language of alternative data diligence
The following article was contributed by Stacey Brandenburg, shareholder, and Marc Zwillinger, founder and managing member at ZwillGen PLLC. We live in an information-driven society. Data fuels our decision-making, direction, and development, and... -
SimilarWeb files for IPO
SimilarWeb filed a prospectus for an initial public offering with the US Securities and Exchange Commission late last week. The clickstream data provider hasn’t offered a valuation or determined the number of shares it will offer yet, but market p... -
US courts develop nuanced web scraping views as investors wait for hiQ appeal
The following article was contributed by Kelly Koscuiszka, partner at Schulte Roth & Zabel LLP. Web scraping – the automated collection of data on the internet – is increasingly used in information gathering including by “traditional” research... -
Alternative data vendors seek billion-dollar valuations
Alternative data vendors have seen a rush of success in fundraising this month, with several providers achieving multi-billion-dollar valuations as a result of recent funding rounds. PatSnap, which provides data on global intellectual property, re...