Marshall Wace To Quit Caymans For Ireland

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.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...