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$100 Million Hedge Fund To Scrape For Data

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A new hedge fund has raised over $100 million. It plans to use troves of data from other managers to select its investments.Cofounder Faryan Amir-Ghassemi told Business Insider, Epsilon Asset Management plans to scrape decades of regulatory documents to analyze positions of other active managers. It will then turn these into investment strategies for institutional clients.He said.,“We analyze about $3 trillion in assets across 10,000 securities and a few thousand managers, and then derive from that which securities to invest in.” http://www.businessinsider.com/32-yea... http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com

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