Mon, Nov 30, 2015
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


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. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November