Marshall Wace funds fall in October as tech selloff hits hedge funds
Hedgeweek reported, citing a Financial Times report, that Marshall Wace suffered losses across two flagship strategies in October as a technology selloff and bond market volatility weighed on hedge fund performance. The $80bn London-based fund's Eureka strategy declined 5.4% for the month, cutting its year-to-date gain to 5.3%, while the systematic Tops strategy fell 3.6%, leaving it up 1.3% for the year. The Financial Times reported that Wall Street's tech correction and bond market turbulence sparked losses for the sector. Hedgeweek added that global managers declined an average of 3% in Oct
Why “Unverified”
- 2 independent sources (Financial Times Hedge Funds, Hedgeweek), but no primary confirmation
2 independent source groups across 2 posts · evidence score 83/100. How labels work
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What the sources claim
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Marshall Wace's Eureka strategy fell 5.4% in October, reducing its year-to-date gain to 5.3%.
“saw its Eureka strategy decline 5.4% during the month, reducing its year-to-date gain to 5.3%”
Hedgeweek -
Marshall Wace's systematic Tops strategy fell 3.6% in October, leaving it up 1.3% for the year.
“Its systematic Tops strategy fell 3.6%, leaving it up just 1.3% for the year”
Hedgeweek -
Global hedge fund managers declined an average of 3% in October, according to PivotalPath data.
“global managers declining an average of 3% in October, according to data from PivotalPath”
Hedgeweek -
The Nasdaq 100 entered correction territory after falling 10% from its 6 October peak. NDX
“The Nasdaq 100 entered correction territory after falling 10% from its 6 October peak”
Hedgeweek -
Wall Street's tech correction and bond market turbulence sparked losses for the hedge fund sector.
“Wall Street’s tech correction and bond market turbulence spark losses for sector”
Financial Times Hedge Funds
Sources
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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-11-03 13:10 UTC. Labels are computed from the sources, not by the model.