Wednesday, 24 August 2016
Last updated 9 hours ago
Jul 28 2010 | 11:44am ET
Marshall Wace Asset Management has lost a top trader to a start-up boutique brokerage.
James Netherthorpe will leave the fund for Olivetree Securities in October, Financial News reports. He’ll serve as chief operating officer and head of distribution at the London-based firm, founded last year by Morgan Stanley veteran Daryn Kutner.
Netherthorpe has been with Marshall Wace since 2002, serving as a partner since 2006. He headed an eight-member trading team and was charged with developing the hedge fund’s trading capabilities. He joined Marshall Wace from Goldman Sachs after stints at UBS and Prudential Securities.