The article discusses Man Group, a leading hedge fund firm, and its plans to rebuild its key quantitative investment platform by 2024. The new platform, called ‘Quant Insight,’ aims to enhance the firm’s quantitative investment capabilities and provide a more efficient and scalable infrastructure for its quant strategies. The rebuild is a significant undertaking, involving a complete overhaul of the existing platform’s technology stack. Man Group’s Chief Executive Officer, Luke Ellis, emphasizes the importance of this project, stating that it will enable the firm to stay at the forefront of quantitative investing. The new platform will leverage cutting-edge technologies, including cloud computing and machine learning, to improve data processing, model development, and execution. By 2024, Man Group expects the new platform to be fully operational, enabling its quant teams to develop and deploy strategies more efficiently while enhancing risk management and performance analysis capabilities.
Source: https://www.businessinsider.com/hedge-fund-man-group-rebuilds-key-platform-quants-2024-9