Man Signs Up For Oxford Quant Class

Jun 12 2007 | 8:58am ET

The University of Oxford and the Man Group today announced the creation of the Oxford-Man Institute of Quantitative Finance. The institute aims to become the world’s leading interdisciplinary academic institute for research in quantitative finance, with a particular emphasis on alternative investments.

The Oxford-based institute will initially house about 20 members—10 full-time researchers and staff, with a further 10 senior faculty members. Members of the institute must already be affiliated with the University of Oxford. Man, the world’s largest hedge fund group, is the sole provider of core funding for the Institute.

Man will donate £10.45 million (US$20.6 million) to the institute over its first five years, with an additional £3.3 million (US$6.5 million) paying for an endowed chair, the Man Professor of Quantitative Finance. In addition to its financial contribution, Man Group will house its own research laboratory in the institute’s building.

“The institute’s primary focus will be on developing research at the forefront of both academic thinking and practical application,” said Peter Clarke, Man Group CEO. “It will also promote and encourage independent teaching and research in relevant methods and techniques associated with quantitative finance.”
Neil Shephard, Professor of Economics at the University, has been named as the research director for the institute, and will have managerial oversight of the institute’s activities.

The Institute’s Web site can be found at

Oxford, Britain’s oldest university and one of the most august in the world, isn’t just thinking about alternatives. Taking a page from top American universities, which have seen their endowments soar thanks in part to big investments in hedge funds and private equity, Oxford last month hired alternative investments expert Sandra Robertson to serve as its chief investment officer.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...