Thursday, 2 October 2014
Last updated 13 hours ago
Dec 9 2011 | 11:03am ET
Marshall Wace Asset Management saw its profits fall 15% last year.
The London-based hedge fund earned £38.6 million in the year to February, City A.M. reports. Fee income for the fiscal year fell 4% to £64 million.
This year may prove much kinder to the firm, however. Marshall Wace's US$400 million Global Opportunities Fund is up about 28% this year, which should improve the fee income picture for the current fiscal year.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...