Goldman and SG on alternative data: do believe the hype

Risk Live: New data will “completely transform the landscape” of investing, says SG's Albert Loo

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 Europe, the Middle East and Africa, 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,