Industry Newsalternative dataasset managementai toolingweb scraping
Asset Managers Increase Spending On Alternative Data
8.1
Money managers, including hedge funds and asset managers, spent $2.8 billion on alternative data in 2025, a 17% increase from 2024, consultancy Neudata reported. The report projects spending could reach as high as $23 billion by 2030 in a bull case, noting artificial intelligence has reduced data-cleaning costs and broadened access. Increased vendor entrants and web-scraping datasets drove last year's growth.
Key Points
- 1Report finds hedge funds spent $2.8 billion on alternative data in 2025, up 17%
- 2AI-driven tooling reduces data-cleaning costs, expanding access and adoption across managers
- 3Practitioners should prioritize direct vendor feeds, ingestion pipelines, and compliance for alt-data
Scoring Rationale
Strong industry-wide spending growth and AI-driven adoption, limited by single-consultancy reporting and moderate methodological detail.
Sources
Public references used for this report.
Practice interview problems based on real data
1,625 SQL & Python problems across 15 industry datasets — the exact type of data you work with.
Try 250 free problems
