Wednesday, 4 March 2015
Last updated 9 hours ago
Dec 16 2008 | 3:51am ET
Marshall Wace has lost the manager of one of its flagship hedge funds.
Daoud Zekrya, a partner at the firm, left at the end of November, according to the U.K. Financial Services Authority. He had managed Core, one of the two strategies that make up the Marshall Wace’s $13.4 billion fund of funds, Eureka.
Core is down about 17% this year. The fund, which manages a European equities strategy, launched two years ago.
Ernesto Fragomeni has been named the new manager of Core.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…