Marshall Wace North America is a large hedge fund manager with U.S. offices located in New York. The firm has $18.8 billion assets under management (AUM), spread across 22 funds, most of which are hedge funds. These investments are managed by a team of 34 advisors. They also have a large team with many more employees to manage other daily functions.
While not everyone can afford to invest in a hedge fund, it's never too early to start investing in general. Speak with a local financial advisor today.
Marshall Wace Background
Marshall Wace is a multinational hedge fund manager that was originally founded in London in 1997. It's U.S.-based arm can trace its roots back to 2004, when it was officially established as a limited partnership in Manhattan. While the firm has a smaller team in its American office, it employs over 350 employees worldwide in offices in London, New York and Hong Kong.
Marshall Wace, Ltd. is the indirect principal owner of the firm, and it is also an affiliate of Marshall Wace, LLP. Marshall Wace is considered one of the world's largest alternative asset managers.
Marshall Wace Investment Philosophy
Marshall Wace tends to focus on fundamental and quantitative investment strategies, taking long positions, short positions, long-only and long-extension investment positions. Advisors at the firm mainly trade common equity securities. However, advisors aren't limited to these types of investments. They may also use different equities, debt instruments, options, private securities, swaps, derivatives, futures and more.
Marshall Wace manages each fund with separate governing documents. Note that fund investments and strategies do not typically get amended based on the input of client investors. For separately managed accounts (SMAs), however, clients may introduce reasonable investment restrictions.
Largest Hedge Funds Managed by Marshall Wace
Marshall Wace Investment Strategies - Tops US Equities Fund
- AUM: $1,491,517,775
- Minimum: $109,726
- Beneficial Owners: 1
Marshall Wace Investment Strategies - Japan Market Neutral Plus Fund
- AUM: $1,164,450,325
- Minimum: $109,726
- Beneficial Owners: 4
Marshall Wace Investment Strategies - Japan Market Neutral Fund
- AUM: $907,519,489
- Minimum: $109,726
- Beneficial Owners: 28
Marshall Wace Funds LP - MW Tops US Equities (US) Fund
- AUM: $882,467,589
- Minimum: $500,000,000
- Beneficial Owners: 2
Masrhall Wace Investment Strategies - North America Tops 150/50 Fund
- AUM: $785,798,486
- Minimum: $109,726
- Beneficial Owners: 2
Fees at Marshall Wace
As is the case with many hedge funds, Marshall Wace receives two main types of fees. First is the management fee charged to each fund that the firm manages. This fee is different for each fund, but is typically calculated based on an annual percentage of the fund's market value. This rate generally does not exceed 2%.
The firm also takes performance-based fees from its funds if it hits its performance benchmark. These fees usually do not exceed 20% of the annual appreciation value of any fund.
What to Watch Out For
Only accredited investors can invest in hedge funds. To earn that title, you must have at least $200,000 of earned income ($300,000 for couples) in each of the past two years, along with an assumption that the same will be true for the current year. The other way to become an accredited investor is to have at least a $1 million net worth (minus the value of your primary residence). You can meet the latter requirement either on your own or together with a spouse.
There are no legal or regulatory disclosures present on Marshall Wace North America's SEC-filed Form ADV.
Becoming a Client Of Marshall Wace
In order to get in on Marshall Wace North America's hedge funds, you'll need to, at a minimum, be an accredited investor. If you meet that requirement, you can get in touch with the firm to see what your options are. The best way to contact the firm is by email or by calling (212) 235-2800.
All information is accurate as of the writing of this article.
Investing Tips
- Before you begin investing large amounts of money, it's a good idea to have a concrete plan in place. Finding a suitable financial advisor to help you with this doesn’t have to be hard, though. SmartAsset’s free tool matches you with up to three financial advisors in your area in only five minutes. If you’re ready to be matched with local advisors, get started now.
- As you get closer and closer to retirement, your investment risk should drop proportionately to how close you are to retiring. To get an idea of what your portfolio should look like at your age, try using SmartAsset's free asset allocation calculator.
