Marshall Wace To List Hedge Fund In London

Feb 18 2008 | 8:54am 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

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of