Sunday, 19 April 2015
Last updated 12 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…