Two leading chief executives in global funds management covering the full spectrum of products from hedge funds to exchange-traded funds have weighed into the debate over man versus machines in money management.

Man Group CEO Luke Ellis and Vanguard’s president and CEO Tim Buckley say the recent strong flow of funds into actively managed discretionary funds shows the market still wants human decision making in the investment process.

Man Group has about $US35 billion of discretionary funds within its $US109 billion in funds under management and these funds have the strongest inflows.

To read the article published in the Australian Financial Review, click here.