Marshall Wace LLP, a prominent British hedge fund, was established in 1997 by Paul Marshall and Ian Wace. Headquartered in London, England, the firm has grown to become one of the world's largest hedge fund managers. Paul Marshall serves as the chairman and chief investment officer, while Ian Wace holds the roles of chief executive officer and chief risk officer.
Paul Roderick Clucas Marshall is a prominent British hedge fund manager and the co-founder and chairman of Marshall Wace LLP, one of Europe's largest hedge fund groups. Established in 1997 by Marshall and Ian Wace, Marshall Wace was among the first hedge funds in London, launching with an initial capital of $50 million, half of which was provided by George Soros. Paul Marshall studied History and Modern Languages at St John's College, Oxford, and later earned an MBA from INSEAD business school in Fontainebleau, France.
Ian Gerald Patrick Wace is also a British financier and a co-founder of Marshall Wace Asset Management. Despite not holding a college degree, Wace has achieved remarkable success in the finance industry, earning him a spot on Institutional Investor's Rich List as "perhaps the only person without a college degree to ever qualify." Together with Paul Marshall, Wace continues to lead and manage Marshall Wace, solidifying its reputation as one of the foremost hedge funds in the world.
Marshall Wace LLP is a registered investment advisory firm. In their most recent 13F filing for Q1 2024, the firm reported managing $65.67 billion in 13F securities, with a top 10 holdings concentration of 27.2%. Their largest holding is the iShares Core S&P 500 ETF, with 16,738,600 shares.