Monday, 29 December 2014
Last updated 1 hour 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
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