Marshall Wace Profit Off 15%

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.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR