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Winton sees problems with big data analytics

Many hedge funds say they are hiring big data teams. Winton, which claims to have the biggest of big data sets, points out the field’s inherent problems

david-harding-winton

Social media and news aggregators have so far not proved useful as sources of big data for hedge fund investors, according to David Hand, the chief scientific adviser to quant fund Winton Capital Management.

This is despite a number of hedge funds saying they are increasingly interested in big data analytics, citing social media sources and news aggregators as innovative ways to spot trends and

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