UK hedge fund Marshall Wace posts 2024 double digit returns in several funds, says source

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LONDON, Jan 2 (Reuters) - British hedge fund Marshall Wace returned double digit gains in several of its funds in 2024, a source close to the matter told Reuters on Thursday.

Co-founded by British financier Paul Marshall, the firm returned 14.32% in its Eureka fund, 22.59% in its Market Neutral Tops fund and 15.86% in its Alpha Plus fund in the year to December 27, the source said.

(Reporting by Nell Mackenzie; Editing by Dhara Ranasinghe)

((Nell.Mackenzie@thomsonreuters.com;))

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