Alternative data: hedge fund manager use globally 2020

In 2020, more than 50 percent of hedge fund managers classified as alternative data market leaders used seven or more alternative data sets globally, while only eight percent of the rest of the market used at least seven alternative data sets. This highlights the difference between the level of alternative data experience between the two groups. Using two or more alternative data sets was the most popular approach across both groups with 85 percent of market leaders and 77 percent of the rest of the market doing this.

Number of alternative data sets used by hedge fund managers worldwide in 2020, by alternative data experience level

Characteristic	Market leaders	Rest of the market
-	-	-
-	-	-
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Release date

May 2020

More information

Region

Worldwide

Survey time period

2020

Number of respondents

100 respondents

Special properties

Hedge fund managers who manage about 720 billion U.S. dollars in assets in total

Supplementary notes

Alternative data is used by investors to evaluate a company or investment that is not within their traditional data sources. For example, app usage or credit/debit card transactions fall under alternative data sources.

The source splits hedge fund managers into "market leaders" - defined as those managers that have been using alternative data for more than five years - and the "rest of the market", which includes managers that have been using alternative data for less than half a decade.

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