People

Ian Wace

Ian Wace

Formal First Name
Ian
Dates
1/1963 - present
Location

Ian Wace is the Co-Founder of Marshall Wace, a leading hedge fund based in London. Appointed at age 25, he is known as the youngest director ever at SG Warburg. Wace is a well-respected financier who was one of the earliest to spot the opportunity for hedge funds in 1997. He developed Trade Optimised Portfolio System (Tops), which has transformed the relationships between investment banks and hedge funds. Tops, which has delivered returns of about 20%, measures the success of more than 200,000 research and trading recommendations from at least 1,400 brokers around the world yearly.

Wace was ranked 221st in the Sunday Times Rich List 2020 ranking of the wealthiest people in the United Kingdom, with an estimated net worth of £630 million.