Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:This Fund Uses the Data of Eight Libraries of Congress Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, December 26, 2013

This Fund Uses the Data of Eight Libraries of Congress

News summary by MFWire's editors

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. 

Edited by: Tommy Fernandez


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2018: Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2018
40 Wall Street | 28th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use