Head to head
Man Group vs Winton
Man Group or Winton?
Man Group is a systematic manager headquartered in London; Winton is a systematic manager headquartered in London. On indicative total compensation Man Group sits roughly 5 percentage points higher against the market median. The larger difference for most candidates is the work itself: systematic macro and trend following at Man Group, versus trend following and systematic macro at Winton.
| Man Group | Winton | |
|---|---|---|
| Business model | Systematic manager | Systematic manager |
| Headquarters | London | London |
| Founded | 1783 | 1997 |
| Comp vs market median | -5% | -10% |
| Offices | London, New York, Hong Kong, Zurich / Geneva, Paris | London, Hong Kong |
| Strategies | Systematic macro, Trend following, Machine learning, Multi-strategy | Trend following, Systematic macro, Statistical research |
| Hires for | Quant Researcher, Quant Developer, Systematic Portfolio Manager | Quant Researcher, Quant Developer |
| Interview stages | 3 | 3 |
| Typical backgrounds | PhD researchers, Academic partnerships, Systematic research from peers | Science PhDs, Statistics and mathematics, Academic researchers |
Compensation by role
Indicative mid-level total compensation, US dollars, New York reference market.
| Role | Man Group | Winton |
|---|---|---|
| Quant Researcher | $380k | $340k |
| Quant Developer | $290k | $260k |
| Systematic Portfolio Manager | $1.2m | — |
A dash means we hold no indicative figure for that role at that firm. It is recorded as unknown rather than estimated.
Man Group
The largest listed hedge fund manager, with AHL as its systematic engine and a strong academic research culture including university partnerships. A common route into systematic research in London.
Interview process
- 1. ScreenRecruiter and CV review.
- 2. TechnicalStatistics, time series and coding.
- 3. Research panelDiscussion of prior research and a modelling problem.
Winton
Research-led systematic manager with a strongly scientific culture and an emphasis on long-horizon statistical work rather than short-term signals.
Interview process
- 1. ScreenCV and research background.
- 2. TechnicalStatistics and scientific reasoning.
- 3. PanelResearch presentation.
Markets where both compete for talent
Other comparisons
Methodology
Figures are expressed as annual total compensation (base salary plus expected performance bonus) in the reference market's local currency, converted from a US dollar base. They describe typical market ranges rather than any individual offer, and exclude sign-on payments, deferred equity and carried interest. Portfolio-manager figures reflect formulaic profit-share arrangements and are therefore far more dispersed than any other role.
KnowQaunt 2026.1 · Updated September 2026
These are indicative ranges pending first-party verification. They will be replaced by verified submissions as the Quant Salary Index dataset builds.