Monday, 30 November 2015
Last updated 2 days ago
Mar 5 2013 | 10:46am ET
Marshall Wace Asset Management has ended an Asian joint-venture, citing a lack of synergy with long-only manager GaveKal Holdings.
The two sides have dissolved the partnership, which had raised US$1.3 billion since its debut in 2008, Financial News reports. Marshall Wace will take over its long/short funds, with US$450 million in assets, with GaveKal absorbing $850 million in long-only vehicles.
During its nearly five years, the Marshall Wace-GaveKal venture launched funds focused on Asia, Japan and Chinese bonds.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…