Quantitative Services Group, an institutional equity research firm, and Revere Data, a provider of independent research data and investment analytics, formed a research partnership focusing on uncovering and analyzing the economic relationships between publicly traded companies, according to a joint statement.
The partnership will introduce a number of stock selection signals for institutional clients to use in their investment strategies; provide an independent validation of Revere Data analytics; and provide ideas on applying for investment strategies.
"As more fundamental managers and hedge funds look to enhance returns through systematic techniques, we believe harnessing the power of new and unique specialty datasets is essential in uncovering inefficiencies in the market and, most importantly, excess returns," Tim Sargent, QSG president, said in a statement.
"We look at the world differently than most by focusing on precise classification of companies and the products they offer, and the identification of their key business relationships," Kevin E. O'Brien, chief executive officer, Revere Data.
