Man Will Continue Support Of Oxford Quant. Institute

Mar 27 2013 | 10:40am ET

Oxford University's Oxford-Man Institute of Quantitative Finance will continue to enjoy the backing of its namesake, the Man Group.

The hedge fund has committed to funding the institute, which it founded in 2007, for another five years.

"The extension of funding 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," Man AHL Executive Chairman Tim Wong said.

"Quantitative skills are critical and frequently underutilized components in the toolbox of individuals shaping today and the future of the financial services industry and of the whole financial economy," OMI Director Terry Lyons added. "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."

Man set up OMI with a £13.75 million commitment, and last year helped it launch a "virtual data lab."


In Depth

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

When Less is More: The Case for Concentrated Equity Strategies

Jun 1 2015 | 7:59am ET

The conventional wisdom is that wide diversification is the “holy grail,” as...

 

Sponsored Content

Editor's Note