Skip to content
Subscriber Only
Markets
Future Finance

Quants Sound Alarm as Everyone Chases Same Alternative Data

  • Real-time insights credited with investing wins amid pandemic
  • Practitioners flag diminishing returns, misleading conclusions
Updated on

When the pandemic struck, George Mussalli used social media and Google searches to suss out which companies were gripped by a sudden collapse in sales.

By scraping bulletin boards for clues on staff morale, the quant at PanAgora Asset Management dug deep for high-frequency insights to navigate his strategies through the crash.