Marshall Wace news and trends

Hedge Fund Marshall Wace Issues SPAC Warning
Investments // April 20, 2021

Hedge fund giant Marshall Wace is warning investors that special purpose acquisition companies (SPACs) could end up delivering “awful returns,” Bloomberg reported. Marshall Wace Co-Founder Paul Marshall said the SPAC phenomenon will “end badly” and “leave many casualties,” according to Bloomberg. He disclosed that the...

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B2B Payment Infrastructure Platform Thunes Secures $72 Million in Funding

July 17, 2023
Thunes has secured $72 million in a Series C round of funding with support from a range of strategic investors. The Singapore-based B2B payment infrastructure platform’s latest added investors include Visa, EDBI and Endeavor Catalyst, Thunes said in a Monday (July 17) press release. “Support from Visa, EDBI and Endeavor is a powerful endorsement of […]

Hedge Fund Marshall Wace Issues SPAC Warning

April 20, 2021
Hedge fund giant Marshall Wace is warning investors that special purpose acquisition companies (SPACs) could end up delivering “awful returns,” Bloomberg reported. Marshall Wace Co-Founder Paul Marshall said the SPAC...