Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Man Group CIO Says Managers Are Being Led ‘Kicking And Screaming' Into Quant Era

FYI: The asset management industry is “kicking and screaming” as it’s forced to adapt to quantitative trading, while managers who ignore it face irrelevance, said Sandy Rattray, chief investment officer at Man Group Plc.

Rattray, speaking at the AI and Data Science in Trading conference Tuesday in New York, compared money managers with taxi drivers who are facing the threat of Uber and automated vehicles.
Regards,
Ted
https://www.bloomberg.com/news/articles/2019-03-19/man-cio-says-managers-kicking-and-screaming-in-shift-to-quant
Sign In or Register to comment.