AI Case Study

Man Group extends AI models to four large funds for predicting financial market pricing and risk

Man Group fund and asset management has now expanded the use of AI models to four funds, managing about $12.7 billion. Machine learning is being used to evaluate financial market risk and pricing based on historic data.

Industry

Financial Services

Investment Banking And Investment Services

Project Overview

"Man Group Plc is expanding the use of algorithms that evaluate risk, pricing and timing in financial markets and learn from their mistakes, according to a person with knowledge of the matter."

Reported Results

Undisclosed: "While such techniques have yet to prove themselves over time and on a broader scale, many hedge funds are scrambling to harness the techniques that have propelled money managers such as Two Sigma and Renaissance Technologies even as returns lag behind booming stock markets."

Technology

Function

Risk

Audit

Background

"The investment firm, which until recently only deployed machine-learning models at its AHL Dimension fund, is now using them on three more money pools, the person said, asking not to be identified because the information is private. The four funds collectively managed $12.7 billion at the end of March [2017]."

Benefits

Data

Historic stock market data