Octavio Marenzi: Market-Beating Returns and Executive Officer

octavio marenzi: But what was once considered the domain of quantitatively oriented hedge funds and other well-heeled investors has become a must-have for traditional asset managers struggling to deliver market-beating returns, according to Market Watch. Traditional investment managers face three options, said Octavio Marenzi, chief executive officer of Opimas, a capital-markets-focused management consulting firm. The explosive growth in the amount of alternative data sets an array of information gleaned from the web, satellites and even consumers' wallets hasn't proved to be a panacea. The first option is to embrace alternative data and effectively adopt a more quantitative approach. And the third option is to go home and give up, he told Market Watch. The second is to go into passive investing, tracking an index and abandoning research altogether. (news.financializer.com). As reported in the news.