This week we start with an article on concerns related to the U.S. pre-election predictions. Next, we have a piece on how hedge funds and asset managers can deal with the challenges faced while Backtesting alternative data. This is followed by a story on the rise in awareness of having better data management techniques. Then we have an article on Europe’s Data Governance Act that will aim at creating a new infrastructure for sharing sensitive data. Following this is a piece on China’s Overseas Key Individuals Database (OKID) that contains personal information of nearly two million people, including American nuclear scientists and military officers. Lastly, we have an article by Penn Today on how data has enabled experts across the University of Pennsylvania to identify solutions to challenges raised by the pandemic.
The Trouble with Election Projections
The 2020 Presidential election is likely to smash records. Turnout may well be higher than in any election in the past century. More young people are voting, more people of color are voting, and more people are voting early and by mail.
Challenges of backtesting alternative data
Even though half of hedge fund managers are now using alternative data to gain a competitive edge, 77% of market leaders (with more than USD5 billion in assets) find that backtesting of alternative data poses the biggest challenge, according to a recent report by the Alternative Investment Management Association.
Rebecca Pool asks: has Covid-19 pushed the move towards open data to the point of no return?
When the coronavirus pandemic struck and UK education shutdown, University of Bristol librarian, Dr Kirsty Merrett, was overwhelmed with requests for assistance with data management plans.
EU eyes tighter grip on data in ‘tech sovereignty’ push
Europe’s push to assert “sovereignty” over technology is starting to take shape around the question of data, and who controls it. While the bloc remains a proponent of free trade, new rules due to be unveiled in coming weeks propose restricting the flow of certain types of data out of the bloc — a concept known as data localization.
A Chinese Database Is Tracking American Nuclear Scientists and Military Officers
An Australian financial newspaper has uncovered a database of more than 2 million scientists and subject matters kept by the Chinese government. The Overseas Key Individuals Database (OKIDB) includes many thousands of nuclear and other strategic industry experts, their personal information, and even where their relatives live.
The role of data in a world reshaped by COVID-19
The year 2020 will go down in history as one drastically shaped by a virus that, as of late October, had infected more than 40 million people worldwide. Apt assessments have compared what’s happening now to the devastations of the 1918 flu pandemic.