BlackRock's investment team spends time on two stages of working with data: classifying it, then using structured data to generate alpha.
"The amount of headache and heartache that we spend on this is unbelievable," Amer Bisat, BlackRock's head of sovereign and emerging markets alpha portfolios, said at a New York conference on Monday."It remains a holy grail. It remains something that's more a promise than a reality."Bisat said his team spends time on two pieces of the data puzzle. First, they work to classify data from disparate, ever-increasing sources to make sure it's structured properly.
At JPMorgan, the largest US bank, there are thousands of databases that still need to be cleaned and made usable before AI or machine-learning techniques can be fully unleashed, according to the copresident Daniel Pinto,
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ukrainian hackers used quizzes to access private Facebook data, company saysA pair of Ukrainian hackers used seemingly innocuous online quizzes and surveys to gain access to private Facebook user data, a lawsuit alleges. Guess only the turds have to worry about that. ... also Jim Acosta’s go-to questions for Dem. politicians...
Source: CNN - 🏆 4. / 95 Read more »
Jobless claims dip 3,000 to 223,000 in early March, labor market still showing strengthThe number of people who applied for unemployment benefits in early March after losing their jobs fell slightly, keeping so-called jobless claims near the lowest levels in a half-century. Initial jobless claims fell by 3,000 to 223,000. thanks for updates marketwatch Add GM closures next month...
Source: MarketWatch - 🏆 3. / 97 Read more »
Jobless claims dip to 223,000 in early March, reinforcing signs of strong labor marketThe number of people who applied for unemployment benefits in early March fell slightly, keeping so-called jobless claims near the lowest levels in a half-century. Initial jobless claims fell by 3,000 to 223,000.
Source: MarketWatch - 🏆 3. / 97 Read more »
Goldman Sachs: Buy these fast growers to beat market as overall earnings growth slowsIn an economic slowdown, investors should look to companies with above-average sales growth as the rest of the market is weighed down by rising costs, according to Goldman Sachs. Coors cannabis JV partner HEXO true growth story. Earnings on Thursday for first full quarter since Canada legalized recreational cannabis.
Source: CNBC - 🏆 12. / 72 Read more »
These high-yielding stocks are beating the market this yearShares of Coty, Philip Morris, Western Digital, Exxon Mobil and General Motors don't just pay high dividends, but they're also crushing the major averages this year. GM💙
Source: CNBC - 🏆 12. / 72 Read more »