Marshall Wace Payouts Wilt In Fiscal 2009

Dec 9 2010 | 2:56am 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.


In Depth

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

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

Cash: An Asset In Adolescence

Aug 31 2017 | 3:34pm ET

If the investment industry has a rebellious teenager in the house today, that teenager...

 

From the current issue of