UK-based hedge fund giant Marshall Wace delivered solid returns in October, with two of its flagship strategies posting gains amid a strong year for systematic equity trading, according to a report by Reuters citing an unnamed source familiar with the matter.
The firm’s Eureka Fund rose 2.64% in October, bringing its year-to-date performance to 10.72% through the end of the month. Its Market Neutral Tops Fund meanwhile, gained 1.15% in October and is up 14.96% for the year, the source said.
Marshall Wace, co-founded by Sir Paul Marshall, manages over $70bn in assets across a range of long-short and market-neutral equity strategies. The firm is among several major hedge funds benefiting from volatility-driven trading opportunities and improved dispersion across global equities.
According to a recent Goldman Sachs note, systematic stock-trading hedge funds have gained over 13% so far in 2025, as quant-driven and market-neutral strategies continue to outperform traditional discretionary approaches.
