Hedge Funds

Man Group hires machine learning head for stock-picking unit

UK-listed hedge fund manager is the latest big investment house to try and blend the two strategies

Man Group hires machine learning head for stock-picking unit

Man Group has hired the first head of machine learning for GLG, its discretionary investment division, as part of a bet on big data and technology in trading.

The UK-listed hedge fund manager has appointed William Ferreira to the newly-created role, according to a statement today.

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