Hedge funds are planning a 'budget boom' in 2025 for the datasets that cost them millions a year
Briefly

The mood among alternative data buyers and sellers is one of confidence, as nearly all expect their 2025 budget to grow or remain the same.
Alternative datasets are shifting from 'nice to have' to 'need to have' internally, reflecting their growing importance for hedge funds and other investors.
Despite frustration over price points among investment managers, once they find data providers they trust, they tend to commit significant budgets, averaging around $1.6 million.
The alternative data industry is expected to grow steadily, with over 70% of sellers experiencing sales jumps and anticipating continued growth next year.
Read at Business Insider
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