A $28 billion hedge fund is pushing into machine learning (EMG)

Lucasfilm/Disney Man GLG, a UK hedge fundoverseeing $28.8 billion of assets as of March 31, is embracingmachine learning. The group has created a new position titled "head of machine learning." The new role will oversee development of Man GLG's machine learning capabilities involving news and social media analysis, breaking market news, and visualizing complex data. "We believe that machine learning techniques present an opportunity for discretionary investment managers, providing them with anal...