As major banks makes significant staffing cuts, hedge fund Marshall Wace is continuing its hiring spree with the London-based firm adding to its headcount on both sides of the pond, according to a report by eFinancial Careers.

As major banks make significant staffing cuts, hedge fund Marshall Wace is continuing its hiring spree with the London-based firm adding to its headcount on both sides of the pond, according to a report by eFinancial Careers.

New joiners this month Nick Vedder in New York, as well as O T Poon in London. 

Vedder has joined Marshall Wace as portfolio manager having spent the past 13 years at hedge fund Weiss Multi-Strategy Advisers. Prior to Weiss, he worked an analyst at Green Street Advisors.

Poon meanwhile, has been appointed as a systematic trader at Marshall Wace in London, having spent the past two years or so in a similar role at Citi. He previously completed an internship in equity derivatives sales & trading at RBC Capital Markets.