- Advertisement -
- Advertisement -

Man GLG Expands Machine Learning Operations

- Advertisement -

Stockholm (HedgeNordic) Man Group has expanded its machine learning operations to its subsidiary Man GLG, the discretionary hedge fund with $28.8 billion in AUM. As previously reported by HedgeNordic, Man AHL launched the Oxford-Man Institute, a machine-learning centre last year together with Oxford University designed to share and leverage machine techniques and data analytics.

In addition, Man GLG has created a new position to oversee the development of its machine learning capacities, which will also incorporate news, social media analysis, breaking market news and the visualization of complex data. William Ferreira, who worked as Technology Manager for Man AHL and Chief Technology Officer for Man Systematic Strategies from 2011 to 2014, will fill the role of “head of machine learning”. Ferreira has also been an executive director at JP Morgan, having previously held roles at Merrill Lynch, GSA and CQS.

“I am excited about the opportunity to build Man GLG’s machine learning capabilities, developing tools to support the firm’s portfolio managers as they run high-conviction active portfolios,” Mr Ferreira said.

Further developing Man GLG’s machine learning capabilities will provide the company’s portfolio managers with tools and techniques to support their analysis and decision-making processes.

“We believe that machine learning techniques present an opportunity for discretionary investment managers, providing them with analytical tools to complement, and further enhance, their decision making processes,” said Teun Johnston, CEO of Man GLG. “We are continually seeking to develop our offering for our clients and, as the amount of data available continues to expand, these techniques can supplement existing rigorous quantitative and qualitative analysis. William will work closely with Man GLG’s portfolio managers, as well as leveraging Man Group’s existing machine learning expertise, and I am delighted to welcome him to the firm.”

“We see many opportunities to utilise machine learning across diverse data sets available to the discretionary investment business. Man GLG has a collaborative culture, supported by the sharing of ideas and expertise, and I look forward to working closely alongside the investment teams, supported by Man Group’s existing machine learning capabilities,” Mr Ferreira added.

The development comes on the heels of Man GLG’s launch of a global long-short fund, Man GLG Innovation Equity Alternative. The new fund, managed by Priya Kodeeswaran, is available in UCITS format and focuses on opportunities in companies and sectors undergoing change.

 

 

Picture: (c) Montri-Nipitvittaya—shutterstock.com

 

 

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Glenn Leaper, PhD
Glenn Leaper, PhD
Glenn W. Leaper, Associate Editor and Political Risk Analyst with Nordic Business Media AB, completed his Ph.D. in Politics and Critical Theory from Royal Holloway, University of London in 2015. He is involved with a number of initiatives, including political research, communications consulting (speechwriting), journalism and writing his post-doctoral book. Glenn has an international background spanning the UK, France, Austria, Spain, Belgium and his native Denmark. He holds an MA in English and a BA in International Relations.

Latest Articles

First Non-Swedish Family Office Investment for Protean Small Cap

Stockholm (HedgeNordic) – About one year after the successful launch of their long/short equity fund Protean Select, Pontus Dackmo and Carl Gustafsson introduced a...

Atlant Högräntefond Leads Peers on Third Anniversary

Stockholm (HedgeNordic) – Around mid-March 2021, Swedish hedge fund boutique Atlant Fonder launched a UCITS-structured fixed-income fund investing in Nordic corporate bonds, drawing from...

Rhenman Welcomes Brummer & Partners Sales Veteran

Stockholm (HedgeNordic) – After close to 18 years as an institutional sales professional at Brummer & Partners, Tom Josephson is set to join healthcare-focused...

Untapped Potential in Symmetry’s Small-Cap Portfolio

Stockholm (HedgeNordic) – Small-cap-focused hedge fund Symmetry Invest has achieved an annualized return of around 20 percent over the past five years and over...

Navigating Asia-Pacific’s Transition to Sustainable Growth

Stockholm (HedgeNordic) – Emerging markets in the Asia-Pacific region, such as China, India, Indonesia, the Philippines, Thailand and Vietnam, have experienced significant economic expansion...

The Performance of US Equities in Election Years Over the Last Century

By Daniel Ung, Kartik Chawla, and Jędrzej Miklaszewski – SPDR: The 2024 US presidential election is on the horizon, and investors are keen to...

Allocator Interviews

Latest Articles

In-Depth: Emerging Markets

Voices

Request for Proposal

- Advertisement -