The ultimate insider with the capability to monitor and decode reams of hard to access or confidential data may enter the asset management industry, and the industry is worried. Google getting in fund management business Recent talk that Google Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) may get into the fund management business was heightened by a recent Financial Times article that revealed the tech giant retained a well-known financial services research firm to determine how to enter the asset management business. The report said this was a hot topic of conversation and the “biggest fear” among large hedge fund managers. With this as…
Google 'Warned' About Entering Financial Services Industry
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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