As initial anxiety over Donald Trump’s victory gave way to market euphoria in the days following the election, there was a casualty. Gold prices.
Tuesday, 24 January 2017
Last updated 6 hours ago
Jan 6 2014 | 12:40pm ET
The architect of Marshall Wace Asset Management's proprietary-trading platform has left the hedge fund.
Simon Goodman's 15-year tenure at Marshall Wace ended last month. He has joined Duet Group, where he will serve as chief operating officer.
"After 15 years at Marshall Wace I wanted to leverage this experience in securing a leadership position in further building out an alternative asset manager," Goodman told Financial News. "With an impressive track record since 2002 and several world-class products, combined with a desire to focus on institutionalizing its business, Duet provided such an opportunity."
Goodman had served as Marshall Wace's chief technology officer since 2010, and was its first non-investment team partner. He joined the firm just a year after its founding.
According to FN, Goodman's post at Marshall Wace has been filled.