Wednesday, 25 November 2015
Last updated 1 hour ago
Apr 23 2010 | 11:50am ET
Marshall Wace Asset Management is moving its hedge funds from an offshore island to an onshore one.
The London-based hedge fund has established a new feeder fund in Ireland, Hedge Funds Review reports. The new feeder fund has about 20 sub-funds, one for each of Marshall Wace’s existing strategies.
Marshall Wace’s funds are currently domiciled in the Cayman Islands, using the same master-feeder structure. The firm is expected to liquidate those funds, asking its investors to redeem and then re-invest in the Irish funds.
Marshall Wace already has a pair of UCITS III-compliant hedge funds domiciled on the Emerald Isle.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…