Hedge funds and universities find mutual benefit from closer ties

©Getty Oxford University. Man Group’s quantitative trading division llaunched a centre for machine learning this week Hedge funds are stepping in to fill a funding gap left by government austerity measures at universities that has left them more reliant on donations, tuition fees, and investments. The money is funding institutes focused on mathematics, data science and finance. While the motivations of the hedge funds varies, it is facilitating closer ties that some of them hope will create opportunities for research and to recruit sought-after holders of maths and physics PhDs. More On this topic IN UK Politics & Policy Quant firms, which rely on computer algorithms to predict moves in the financial markets, often hire such experts straight from university. However, today the funds are up against the likes of…


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