Main uses of alternative data by hedge fund managers globally 2020
In 2020, alternative data was mainly used as a research tool to help better improve investment decisions among 69 percent of hedge fund managers, who were classified as alternative data market leaders, and 85 percent of the rest of the respondents using it for this particular purpose. Only 23 percent of the alternative data market leaders and 36 percent of the rest of the market used alternative data to help improve risk management and compliance models.
