Marshall Wace’s flagship funds are running at double-digit returns this year, helping the UK hedge fund continue on from a strong 2014 in which it narrowly missed out on topping previous profit records.
The $8.1 billion MW Eureka fund, a long/short equity strategy, returned 11.2% in 2015 through November 30, according to a person close to the firm. The $8 billion MW Tops fund, a systematic diversified long/short equity strategy, returned 17.3%. Long/short equity strategies returned an average of 3.7% to investors worldwide over the same period, according to data provider Eurekahedge.