Sunday, 29 March 2015
Last updated 1 day ago
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."
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…