The Alternative Imperative

In this 7½ minute video, AllAboutAlpha’s content editor, Aaron Filbeck of CAIA, interviews Rick Roche on his two-part series on Alternative Investment Data (aka Alt-Data). Although Alternative investment data has received a lot of press coverage in the last 5-7 years, it’s only a fraction of the annual spend on financial market data. However, with an increasing number of PMs and analysts using machine learning tools, the growth rate and uptake of Alt-Data is very impressive. Rick also addresses the false dichotomy of an “Unattainable Triangle” (fast, good or cheap). Rick believes that traditional market data can be combined with Alt-Data and human intelligence to seek alternative and uncorrelated sources of alpha.