UK-based hedge fund Marshall Wace on Tuesday divested its stakes in 21 companies, including Bank of Baroda, Canara Bank, Bandhan Bank, Manappuram Finance, and Union Bank of India, for Rs 2,365 crore through open market transactions.
COMMERCIAL BREAKSCROLL TO CONTINUE READINGMarshall Wace through its affiliates — Marshall Wace Investment Strategies – Eureka Fund and Marshall Wace Investment Strategies Global Financials Market Neutral Fund — offloaded shares of 21 companies through different block deals on the NSE.
According to the block deals data available on the National Stock Exchange (NSE), Marshall Wace sold shares of Bank of Baroda for Rs 853 crore, Canara Bank for Rs 422 crore,…
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