Man GLG recruits head of machine learning

Ferreira re-joining

Man Group has re-hired William Ferreira as head of machine learning within its GLG arm, as the group look to extend its quant trading techniques.

Ferreira previously worked at Man's AHL unit, which trades using computer algorithms, and has re-joined the group's discretionary arm after leaving for another quant fund Florin Court Capital. He will be responsible for developing Man GLG's machine learning capabilities, providing the firm's portfolio managers with tools and techniques through which to support their analysis and decision-making processes. Quant strategies may 'tempt' asset managers but biggest test lies ahead In addition, he will also work directly with the teams on the application and interpretation of machine lea...