Sat, May 23, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Man Group to continue funding of Oxford-Man Institute of Quantitative Finance for another five years

Monday, March 25, 2013
Opalesque Industry Update - Man Group plc and the Oxford-Man Institute of Quantitative Finance (OMI) announce the extension of Man’s funding of the Institute through to 2018. This five-year funding extension underscores Man's commitment to building a world-leading quantitative investment business following the recent combination of AHL, Man’s world-leading quantitative investment manager, and Man Systematic Strategies, its specialised innovative, quantitative division.

For the OMI, the extended collaboration provides certainty to help achieve their aim to be the world’s foremost centre for quantitative finance research, gathering the best in academia and industry to solve problems that have a real impact on the sector and society.

Founded in 2007 with funding from Man, the OMI is the home of interdisciplinary research in quantitative aspects of finance at the University of Oxford. The collaboration, which involves the co-location of the Man Research Laboratory (MRL) housing AHL researchers alongside the Institute, remains the first and only co-location of its kind between the University and an alternative asset management firm. The extension of the funding secures Man’s continued physical presence at the OMI and the associated benefits of this collaboration.

Tim Wong, Executive Chairman of AHL said: "Man's longstanding physical presence within Oxford University’s unique academic space devoted to developing world-leading quantitative research has provided a huge boost for both recruitment and the exchange of ideas and intellectual capital over the past six years. Though we do not seek to influence the OMI’s research in any way, we benefit hugely from the relationship and the exposure it gives us to early stage academic work and models in our field.

The extension of sponsorship to 2018 underscores both Man’s objective of developing Europe's most successful quantitative-based business and provides support for the OMI’s vision for its development over the next five years.”

Professor Terry Lyons, Director, OMI stated: “I am excited by the decision of Man to continue their engagement with OMI and to extend their funding until at least 2018. This commitment underpins the OMI vision: to provide a unique opportunity for academic and commercial researchers to work alongside each other on a daily basis in a vibrant purpose designed environment. The association with Man has identified new priorities and stimulated exciting and fundamentally new research directions.

Quantitative skills are critical and frequently underutilised components in the toolbox of individuals shaping today and the future of the financial services industry and of the whole financial economy. Our ambition is therefore to build an outstanding interdisciplinary centre for quantitative finance. Our experience tells us that critical to this vision is a model that has engagement with both academic and industry partners at its core.”

Press release

www.man.com

www.oxford-man.ox.ac.uk

Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Comment - Top hedge fund managers talk about how easy their jobs have gotten, BlackRock to Schroders warn of Argentina’s $20bn bond glut, The 35-year “investment supercycle” is drawing to a close, says Bill Gross, Gundlach: When the Fed starts hiking rates, 'GET OUT' of this asset class[more]

    Top hedge fund managers talk about how easy their jobs have gotten From Businessinsider.com.au: Time was, before the financial crisis hit, corporate boards treated multi-billion dollar hedge fund managers like Jehovah’s Witnesses pounding on their doors and flashing bibles. But no more.

  2. T Rowe's challenge to Dell deal may fuel critics of 'appraisal'[more]

    From Reuters.com: An increasingly popular tactic used by hedge funds and others to extract more money from buyouts could soon face a major courtroom test when a big investor in Dell Inc may argue that it should be paid a higher price for the 2013 acquisition of the PC maker. The strategy, known as "

  3. News Briefs - Ergen says LightSquared plan unfairly favors hedge funds, Why hedge fund managers make good advisory clients, I learned a lot about dad-bros after spending 4 days in Vegas with 2,000 hedge funders[more]

    Ergen says LightSquared plan unfairly favors hedge funds LightSquared Inc.’s bankruptcy plan gives hedge funds that invested in the broadband company a leg up while blocking telecommunications firms from competing with it, a fund owned by Dish Network Corp. Chairman Charles Ergen said in

  4. Opalesque Exclusive: SEC approves proposed changes to Form ADV, '40 Act - comment period to follow[more]

    Bailey McCann, Opalesque New York: Hedge funds and providers of liquid alternatives will want to pay close attention to proposed reforms approved by the SEC yesterday. The changes will require more frequent reporting, as well as a closer look into social media, liquid alternative strategies, and

  5. New market regime has created more dispersion between managers[more]

    Komfie Manalo, Opalesque Asia: The month of April has marked the transition toward a new market regime, Philippe Ferreira, Lyxor AM’s head of research, managed account platform, commented in the May 5's Weekly Briefing. "The first quart

 

banner