Sunday, 29 March 2015
Last updated 2 days ago
Dec 9 2010 | 1:56am ET
Partners at Marshall Wace Asset Management earned just a fraction of the 2008 bonuses in 2009, the hedge fund disclosed in a regulatory filing.
The firm's members split just £45.5 million in the year ended February. Over the prior 18 month period—which included the year of 2008—the members split £261.4 million.
Last year's payout amounts to just over quarter of the previous bonus, pro-rated for a year.
Marshall Wace's filing did not say who at the firm earned what, indicating only that the best-paid member took home £34.3 million.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…