Marshall WaceÆs new financials fund on target

Nov 15, 2009

A new concentrated financial institutions fund managed in Hong Kong by Amit Rajpal complements a market-neutral sibling.

Marshall Wace launched its Global Financials Aggressive Fund in late June, and at this point, it looks on track to accomplish target annual returns of 30-50% -- it was up 10% gross as of late last week.

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