Hedge Fund Marshall Wace Ups Wagers Against Deutsche Bank

(Bloomberg) Marshall Wace LLP expanded its bets against Deutsche Bank AG even as other investors cut their short positions to the lowest in almost three months.

Marshall Wace had a short position valued at $151.1 million on Sept. 16 after the London-based hedge fund firm added more than 400,000 shares to its previously disclosed shorts, taking its total bet to 11.3 million shares, the company said in a filing on Monday. A spokesman for Marshall Wace, 25 percent owned by KKR & Co. LP, declined to comment.

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