Marshall Wace, a London-based hedge fund manager with more than $70bn in assets, generated positive performance across two of its key strategies in August, according to a report by Reuters citing an unnamed source familiar with the results.
The firm’s Eureka Fund advanced 0.41% last month, bringing year-to-date performance to 6.49% through the end of August. Meanwhile, its Market Neutral Tops fund posted a stronger 1.95% gain in August, lifting 2025 returns to 13.15%.
The results extend a solid run for systematic equity strategies this year. According to Goldman Sachs, quant-driven stock trading funds have returned more than 12% year-to-date, making them one of the best-performing hedge fund categories in 2025.
Founded in 1997 by Paul Marshall and Ian Wace, Marshall Wace is among Europe’s largest hedge fund managers and has been a leader in quantitative, fundamental and hybrid approaches to equity long-short investing.