There’s a new hot job in town, and so far hedge funds and buy-side firms are beating investment banks to the punch. There’s a new and increasingly important job in financial services – the head of machine learning. Hedge funds, investment banks and large asset managers are creating these roles and battling for expertise in big data, data science and AI, but the buy-side is currently winning the battle. Man Group’s appointment of William Ferreira in the newly-created role of head of machine learning follows J.P. Morgan’s recruitment of Geoffrey Zweig from Microsoft in February. It’s indicative of a broader trend towards...