Morgan Stanley Exec. To Launch Marshall Wace Financials Fund

Jul 28 2008 | 11:39am ET

Marshall Wace has added a senior Morgan Stanley executive to launch a new financials hedge fund.

The US$15 billion London hedge fund shop has lured Amit Rajpal, Morgan Stanley’s head of Asia proprietary trading, with the promise of his own hedge fund seeded with US$200 million in firm capital, the Financial Times reports. Rajpal, who is and will remain based in Hong Kong, is a former banking analyst at the Wall Street giant.

“We see very big opportunities in financials,” Paul Marshall, co-founder, said. “I can’t tell you whether it is in three weeks, three months or a year, but it is not going to be in three years.”

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...