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What is the meaning of the phrase 'static data' as applied to a hedge fund or a mutual fund? Or is it purely a programmer's lingo with little business meaning? The words taken individually do hint it is programmers lingo:)

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It's not really my field, but I believe it's all the information that doesn't change (i.e. isn't "real-time") about the business of hedge funds. For example, this site quotes:

The product maintains comprehensive static data records including assets, depositories, accounts, settlement instructions and a wide range of supporting data...

  • @Pacerier: that's why I quoted the relevant part. :-) – Peter K. Nov 17 '13 at 23:01

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