Odd Lots

Man Group on Its 86x Growth in AI Token Spending

Man Group's leadership discusses how the world's largest publicly-traded hedge fund is integrating AI into its investment workflow.

Man Group is implementing AI to empower quantitative analysts and has seen an 86-fold increase in token spending this year.

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52 minJul 9, 2026Odd Lots

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One of the World's Largest Hedge Funds on Its 86x Growth in Token Spending

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Key takeaways

What to know before you press play.

01

AI Integration Strategy

Man Group is focusing on empowering its quantitative analysts with AI tools rather than letting AI completely upend the business flow.

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02

Token Spending Growth

The firm has experienced an 86-fold increase in token spending this year as part of its AI implementation strategy.

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03

Implementation Challenges

The firm faces challenges in integrating AI safely while determining the technology's value in the investment context.

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04

Industry Context

The discussion addresses whether AI will integrate into existing business flows or transform the nature of investing, similar to past technological revolutions.

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Ask GenPod next

Keep the question moving.

01

How does Man Group measure the ROI of AI token spending?

02

What specific AI tools are being used by Man Group's quants?

03

How does Man Group ensure the safe integration of AI?

Background reading

The context behind the episode.

Context

AI in Investing

The investment industry is questioning whether AI will be integrated like past technological innovations or transform the nature of investing. Current usage is mixed, with firms still determining its value.

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Questions

Questions to carry into the episode.

How is Man Group implementing AI?

They are empowering quants with AI tools and integrating the technology into their work.

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What is the growth in token spending?

Token spending is up 86-fold this year.

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What are the challenges of AI integration?

The challenge lies in integrating AI safely and determining its value.

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What is the broader question about AI in investing?

Whether AI will integrate into the flow of business or transform the nature of investing.

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Experts

Voices named in the source.

Gary Collier

CTO, Man Group

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Tushara Fernando

Head of Data and AI, Man Group

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Sources and disclosure

Where this guide comes from.

This guide is based on the episode 'One of the World's Largest Hedge Funds on Its 86x Growth in Token Spending' from the show Odd Lots.

  1. Publisher show notes

    We've gone through a number of a technological revolutions in investing, whether it was the dawn of the high frequency trading era or the introduction of robotraders.

  2. Publisher show notes

    When it comes to AI, the big question that remains in the investment context is whether or not the technology will be implemented like those past tech innovations — meaning it will be integrated into the flow of the business without upending everything as we know it — or if AI will transform the very nature of investing.

  3. Publisher show notes

    Right now, AI's use in investing is a mixed bag: People are excited about its potential, but several firms are still trying to figure out its value.

  4. Publisher show notes

    Today, we speak with Man Group's CTO Gary Collier and Head of Data and AI Tushara Fernando about how one of the largest publicly-traded hedge funds in the world is actually implementing AI into its work.

  5. Publisher show notes

    We speak with them about empowering their quants with AI tools, the challenge of integrating AI safely, and the creative ways their staff is thinking about token spending, which is up 86-fold this year.

  6. Publisher show notes

    Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — plus unlimited access to the site and app. Sign up here: bloomberg.com/subscriptions/oddlots

  7. Publisher show notes

    See omnystudio.com/listener for privacy information.

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