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AI and talent war big factors in Man Group’s quant revamp

hedgeweek

1 day ago

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The rise of artificial intelligence and an on-going talent war were two of the driving forces behind Man Group’s decision to combine its two flagship quantitative investment businesses, AHL and Numeric, into a single $156bn systematic platform, according to a report by Business insider.
The newly created Man Systematic brings together more than 250 employees, including around 100 technologists, under Russell Korgaonkar, who previously headed AHL. Daniel Taylor, formerly head of Numeric, has beco...

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