Fund builds virtual analyst to do ‘grunt work’

Equities unit at Principal Global Investors wants its analysts analysing, not rooting through email and research reports

computer-database-programming-algorithm.jpg

A global fund manager has come up with a clever way to keep its fundamental analysts from wasting time digging through email or scanning reports: it’s built a virtual analyst to do it for them.

“I don’t want fundamental analysts reading every single sell-side research report,” said Mark Nebelung, who co-heads systematic investing at Principal Global Equities. “I want them reading those that are most relevant for our investment process.”

The virtual analyst “ingests” company financial reports

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here