By Nell Mackenzie
LONDON, March 3 (Reuters) - British hedge fund Marshall Wace posted positive returns in two of its funds in February, a source close to the matter told Reuters on Tuesday.
Co-founded by British financier Paul Marshall, the firm, which manages over $80 billion in assets, saw its Market Neutral Tops fund return 2.43% in February and 2.21% for the year to date, the source said.
Marshall Wace's Eureka fund returned 3.29% in February, bringing its return for 2026 so far to 6.41%, the source said.
Systematic stock trading hedge funds, such as Marshall Wace, are up around over 5.42% for 2026 so far, according to a Goldman Sachs note to clients sent on Monday after market close.