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Summer Sessions
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Summer Sessions - Pushing the Informational Edge: Accessing Alternative Data

September 6, 2022

In an increasingly challenging environment of alpha capture, investors are looking beyond traditional data sources as a means to achieve a competitive edge. Digitization and advancements of technology have enabled the collection of previously unmeasurable information, leading to a proliferation of available data sources pertaining to the macro economy and individual firms. While the increased availability of data affords considerable opportunity for economists, investors, and traders it also comes with complexities that need to be understood and addressed. In this session, Rajeev Bhargava, Head of Investment Indicator Research at State Street Associates and Gideon Ozik, founding partner at MKT Mediastats provided an overview of the various sources of alternative data currently available, review the benefits, current academic research as well as some of the inherent challenges these sources of information yield.

Author Bios
Gideon Ozik
Gideon is a managing partner and founder of MKT MediaStats, where he leads business, research, and development. He has applied quantitative research in roles spanning investment solutions, hedge funds, and derivatives trading, and he is an affiliate professor at EDHEC. His research focuses on advancing unstructured data analysis using AI and machine learning to extract actionable signals from media. Gideon’s contribution to research and product development provides State Street clients with a unique lens on the implications of media for markets.
Rajeev Bhargava
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1. Peter L. Bernstein Award for Best Article in an Institutional Investor Journal in 2013; Bernstein-Fabozzi/Jacobs-Levy Award for Outstanding Article in the Journal of Portfolio Management in 2006, 2009, 2011, 2013 (2), 2014, 2015, 2016, 2021; Graham & Dodd Scroll Award for article in the Financial Analysts Journal in 2002 and 2010. Roger F. Murray First Prize for Research Presented at the Q Group Conference in 2012, 2021, 2023. Harry M. Markowitz Award for Best Paper in the Journal of Investment Management in 2022, 2023. Doriot Award for Best Private Equity Research Paper in 2022.