Wednesday, 25 November 2015
Last updated 1 hour 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 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…