Wednesday, 25 November 2015
Last updated 10 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…