Goldman Sachs Exec: Use of Alt Data in Investing Today Only 'Tip of the Iceberg'

At Risk Live, executives from Goldman Sachs AM, Societe Generale and Morgan Stanley talked about the benefits and concerns for using alt data.

Senior figures at Goldman Sachs Asset Management and Societe Generale say alternative data will “completely” transform the investment business, even as others question some of the claims around its use.

Javier Rodriguez-Alarcon, Goldman Sachs Asset Management’s head of quantitative investment for EMEA, said the use of alternative data in investing today is only “the tip of the iceberg”.

Albert Loo, deputy head of sales for global markets at Societe Generale, expects fund managers to spend

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