ESG hedge fund trends – data challenges and opportunities
A recent survey of 80 hedge funds by AIMA found that almost 40% of respondents are already engaging in responsible investing practices. However, data quality issues appear to be the biggest barrier to increasing such initiatives. For quants, these data limitations have made building systematic strategies particularly challenging. At Neudata, we see evidence of this changing as a result of alternative data addressing the many quality-related shortfalls plaguing the industry.