Marshall Wace, one of Europe’s largest hedge fund managers, has recruited a former FN Rising Star and his four-strong team from the hedge fund he spun out from Deutsche Bank two years ago.
Marshall Wace will combine a five-strong team from 80 Capital, a managed futures fund that was launched in February 2013 with $50 million in seeding from Deutsche Bank, with its own team, it said in a statement on Wednesday.