Marshall Wace To List Hedge Fund In London

Feb 18 2008 | 7:54am ET

The largest publicly-listed hedge fund vehicle is coming home.

Marshall Wace said it plans to list its US$2 billion MW Tops fund in London, more than a year after its debut in Amsterdam.

The move follows regulatory changes in Britain easing the rules for listing in the U.K., including a new provision, set to be introduced in the spring, allowing dual listings.

Paul Marshall, co-founder of Marshall Wace, told the Financial Times that the U.K. Financial Services Authority has been “very responsive to investor pressures and the evolution of the market environment.” The firm had previously characterized Britain’s rules as “anachronistic.”


In Depth

U.S. Treasury Moves on Reinsurance Loophole

Apr 24 2015 | 5:11pm ET

The U.S. Treasury Department has released proposed rules aimed at limiting the ability...

Lifestyle

Artivest Announces Funding Round Led by KKR & Co.

May 4 2015 | 9:56am ET

Artivest, a startup that provides individual investors with access to private equity...

Guest Contributor

Starting a ‘40 Act Fund Family? Don’t Forget Your Board

Apr 30 2015 | 7:18am ET

The convergence of the hedge fund and mutual fund worlds continues unabated, as...

 

Editor's Note