Economics
Bloomberg launches alt data-driven consumer spend index
The combination of alternative data and traditional macroeconomic data will provide insights into a key component of the US economy, as demonstrated by the data’s use by Chicago’s Federal Reserve Bank.
Swedish bank finds Covid-19 recovery insights in alt datasets
High-frequency data such as human mobility data and plastic shipments can help investment professionals understand the post-pandemic economic reopening.
Dutch asset manager turns to decision trees for currency predictions
APG has improved prediction accuracy for G10 currency movements after adopting decision tree-based machine learning.
As asset managers look to Asia for alpha, analytics & visualization tools take center stage
PineBridge Investments uses economic and time-series data analytics provider Macrobond Financial to better its economics research, which supports its portfolio managers and the firm’s overall investment thesis.
BlackRock looks to predictive ESG data, rather than point-in-time
Mary-Catherine Lader says that the asset manager is building out new modeling tools to help users better understand how the decisions a company makes today can affect their performance in the future.
Goldman taps alt data for economic forecasts during pandemic
Economists at the bank leveraged a combination of public and third-party data to make conclusions about the future during uncertain times.
Facteus Makes Consumer-Spend Data Available in Real Time via Bloomberg Terminal
Facteus officials say Bloomberg's clients will benefit from being able to assess the impact of consumer-spending data on macroeconomic indicators.
FX Markets Ripe to Exploit Sentiment Data, Experts Say
Already well established as an alpha-enhancing input to equities trading, sentiment data is now being applied to other asset classes, starting with foreign exchange.
Barclays Proposes New Taxonomy for Digital Tokens
The UK bank argues that a common approach to classifying tokens is needed to prevent regulatory arbitrage.
Barclays Blueprint for Post-trade Plumbing Puts Onus on FMIs
The institution is banking on financial market firms to drive adoption of the Isda CDM by offering it with new products and services.
People Moves: AWS, DTCC, Refinitiv, CloudMargin and More
A look at some of the key recent 'people moves', including Adam Honore (pictured) who joins Amazon Web Services from CME Group.
People Moves: Euronext, RJO, CloudMargin, And More
A look at some of the key people moves from this week, including Georges Lauchard, new chief operating officer at Euronext (pictured).
Rebel Math: Robert and Richard Michaud, New Frontier Advisors
For over 50 years, modern asset management has been guided by the Capital Asset Pricing Model and the theories of Harry Markowitz. Yet, a father-and-son team in Boston says it’s wrong—and they can prove it.
Industry Criticizes Equivalence Measures in Europe’s Brexit Stance
Experts welcome transitional relief but say equivalence is not an appropriate basis for free-trade agreements.
Money.Net Bolsters Content with AP News
Integrating AP news will boost Money.Net's political-economic news coverage, officials say.
Macrobond Lures Danske Chief Economist
The vendor says Josefsson will bring a greater "user perspective" to its business.
Thomson Reuters Launches European Elections News Tool on Eikon
New app will help clients keep up with upcoming elections in the Netherlands, France and Germany.
CEIC Data Bows Next-Gen Economic Data Platform, Website
The vendor offers three plans for accessing its economic data online, including one that offers unlimited access to its data.
Estimize Readies Factor Model, International Estimates, Indicators
The changes will make it easier for users to find alpha in broader sets of data.
Quadrant Adds Economic Data to eSignal, Unveils Excel Add-in
Broader distribution and add-in will bring startup's data to a wider audience, officials say.