MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, December 26, 2013 This Fund Uses the Data of Eight Libraries of Congress Talk about Big Data. Jason Kephart at InvestmentNews takes a look at the BlackRock Global Long/Short Equity Fund, which was launched a year ago Dec. 20. According to Kephart, the $370 million AUM fund is managed by BlackRock's Scientific Active Equity team, which has 90 staffers and also manages the $635 million BlackRock Emerging Markets Long/Short Fund. The team managing the fund uses gigantic amounts of data -- four times the size of Wikipedia and eight times the size of the Library of Congress -- on public company earnings, analyst calls, news releases, what have you, to gain on insights into different stocks, according to Kephart. “We're leveraging everything we have to our advantage,” co-portfolio manager Paul Ebner tells Kephart. Printed from: MFWire.com/story.asp?s=47188 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |