MAN GROUP LTD Press Release
Solely for the use of members of the media and should not be relied upon by personal investors, financial advisers or institutional investors
Man AHL launches coding prize worth £1 001 110 001 000*
London, 02 November 2015 - Man AHL, Man Group's diversified quantitative investment manager, is pleased to announce the launch of the Man AHL Coder Prize, a coding competition for students aged 16 and over with a top prize of £5,000.
The first ever Man AHL Coder Prize will launch on December 1st, and is open to UK & Ireland residents in full-time education. Entrants will be tasked with writing code, using the Python programming language, to control a player for the classic game Hexplode1. Python is a widely used programming language, which Man AHL utilises for its systematic models.
To encourage a diverse range of entrants, including those attempting to code for the first time, Man AHL will provide instructional videos and a ready-made programming environment. Furthermore, entrants will have until January 15th, when the first stage of the Man AHL Coder Prize ends, to develop their skills. The coders behind the eight players that perform the best will be invited to a day of live coding at Man AHL's offices in London, with the chance to win a £5,000 cash prize, and have the opportunity to apply for an internship at Man AHL.
Sandy Rattray, CEO of Man AHL, said:
'The success of Man AHL is founded on its ability to attract the best talent and ideas, and so we are passionate about finding the next generation of coding professionals. We hope that this competition will encourage a wide range of students from across the UK and Ireland to try their hand at coding, and give them the chance to put their skills to use within our business. Good luck to all the entrants!'
Man AHL is a technology-driven investment business, and a pioneer of systematic trading, bringing a scientific, empirical mind-set to investing. The firm's technologists mix mathematics, computer science and terabytes of data to understand the investment universe, working side by side with the investment teams.
For more information on how to register, visit the competition website - www.ahl.com/coderprize. To join in the conversation, visit us on Facebook at facebook.com/manahlcoderprize and for all things tech at Man AHL, follow
@ManAHLTech on Twitter.
* In binary of course!
- Ends -
Enquiries Man Group Clio Adam
+44 20 7144 2072
media@man.com
1 The Hexplode game is based on a game which first appeared in a Personal Computer World article, written by J. Ansell.
About Man Group
Man Group is one of the world's largest independent alternative investment managers, and a leader in liquid investment strategies. Across its four investment managers (Man AHL, Man FRM, Man GLG and Man Numeric), Man Group has diverse hedge funds strategies and long only products spanning equity, credit, managed futures, convertibles, emerging markets and multi-manager solutions. At 30 September 2015, Man Group's funds under management were $76.8 billion.
The original business was founded in 1783. Today, Man Group plc is listed on the London Stock Exchange under the ticker EMG.L and is a constituent of the FTSE 250 Index.
Man Group also supports many awards, charities and initiatives around the world, including sponsorship of the Man Booker literary prizes. Further information can be found at www.man.com.
About Man AHL
Man AHL is a diversified quantitative investment manager dedicated to delivering a broad and innovative offering in alternative and long only strategies, with funds under management of $17.9 billion (as at 30 September 2015).
A pioneer in the application of systematic trading since 1987, Man AHL manages assets for institutional and private clients globally and has a range of momentum and non‑momentum strategies.
Backed by extensive research capabilities and a collaborative culture, Man AHL applies innovative quantitative methods, informed by market understanding, to locate potential opportunities in more than 400 markets worldwide. It benefits from a unique collaboration with the University of Oxford, the Oxford Man Institute.
Man AHL has over 100 investment professionals, based in London, Oxford, Hong Kong and Pfäffikon. Further information can be found at www.ahl.com.
Important Information
The value of an investment and any income derived from it can go down as well as up and investors may not get back their original amount invested. Alternative investments can involve significant additional risks.
This material is for information purposes only and does not constitute an offer or invitation to invest in any product for which any Man Group plc affiliate provides investment advisory or any other services. The content is not intended to constitute advice of any nature nor an investment recommendation or opinion regarding the appropriateness or suitability of any investment or strategy and does not consider the particular circumstances specific to any individual recipient to whom this material has been sent.
Opinions expressed are those of the author as of the date of their publication, and are subject to change.
Some statements contained in these materials concerning goals, strategies, outlook or other non-historical matters may be 'forward-looking statements' and are based on current indicators and expectations at the date of their publication. We undertake no obligation to update or revise them. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those implied in the statements.
Unless stated otherwise the source of all information is Man Group plc and its affiliates as at November 2015.
This press release has been sent by a member of the Man Group ('Man'). Man's parent company, Man Group plc, is registered in England and Wales (company number 08172396) at Riverbank House, 2 Swan Lane, London, EC4R 3AD.
P/15/1594/GL/R/PSW
|
distributed by
|
