Man Group deploys Agentic AI

Man Group's quant equity division has implemented an agentic AI system capable of autonomously generating, coding, and backtesting trading strategies. This marks a significant step in integrating advanced AI into the financial sector, specifically within the world's largest listed hedge fund.

Agentic AI moves beyond traditional AI by perceiving, learning, and acting with minimal human input, enabling continuous adaptation and decision-making. Man Group's system, AlphaGPT, aims to automate the trial-and-error phase of quantitative strategy development, scanning research and academic papers to extract and test investment ideas across various financial instruments. The firm also utilises ManGPT, an internal system leveraging large language models for coding, document drafting, and customising information for portfolio managers.

Man Group has been at the forefront of integrating AI into finance, using AI techniques extensively in execution and data science. The company's open-source platforms, Alpha and Rosa, power signal generation and automated execution. ArcticDB, its open-source data science database, facilitates rapid processing of large datasets, essential for AI research.