Sunday, 4 October 2015
Last updated 2 days 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…