Wednesday, 24 December 2014
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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.