Tuesday, 13 October 2015
Last updated 24 min 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.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…