Quants say big data is all buzz, no alpha
February 7, 2019 10:32 am |

Quants are still struggling to extract alpha from big and alternative datasets, despite heavy investment in data science.
“How much alpha can we actually make? The answer is, today, not a lot,” said Christine Qi, co-founder and partner at Domeyard, a quant hedge fund specialising in high-frequency strategies.