Core Man Quits Marshall Wace

Dec 16 2008 | 4:51am 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.


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

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

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of