We encourage candidates to apply to the internship that most excites them and best aligns with their interests. While you’re welcome to apply to up to multiple programs, we generally recommend focusing on your top choice. Once we’ve reviewed your application, if it looks like there might be a better fit elsewhere, we can help direct you to the most suitable opportunity.

Marshall Wace  – Fundamental Equities Intern

Team: North America Semis & Tech Hardware 

Location: New York

Duration: 10 weeks, Summer 2026

Marshall Wace

Founded in 1997, Marshall Wace is a leading global alternatives investment manager with around $70bn in assets under management and over 700 employees working across London, New York, Hong Kong, Singapore, Shanghai, and Abu Dhabi.  Operating as a single team across the globe, we are dedicated to creating long-term relationships with our clients built on trust and integrity. We define our culture as one of continuous innovation and a quest for improvement. We instinctively strive to do things differently, with fresh thinking that enables us to create proprietary value and maximize the benefits to our clients.

We manage quantitative, systematic, and fundamental strategies, specializing predominantly in long/short equity. Our strategies are implemented globally, leveraging proprietary systems and processes. Technology and data have been at the core of our business for more than two decades. In 2002, we launched MW TOPS, the world’s first ‘Alpha Capture’ application. Today, we continue to foster an environment focused on innovation and the pursuit of excellence.

The Internship Program

Marshall Wace’s fundamental strategies are designed to capture stock based idiosyncratic alpha and are concentrated in specific regions and sectors. Each fundamental strategy team is managed by a Portfolio Manager and supported by a number of Analysts with distinct areas of expertise. We seek to achieve exceptional returns at all stages of the investment process through creative idea generation, rigorous due diligence, company meetings, detailed financial modeling, disciplined portfolio construction and efficient trading and implementation. During this internship, students will gain broad exposure to investment research, stock selection, portfolio construction, and risk management.

Responsibilities

• Support the generation of long and short equity investment ideas through financial modeling and proprietary research, under the guidance of the team
• Assist with active and ongoing monitoring of portfolio holdings, including tracking news and key events related to companies under coverage
• Participate in earnings calls and help update financial models and research based on new information
• Attend industry conferences, company calls, and meetings with management
• Contribute to differentiated bottoms-up financial analysis of companies, business models, industry metrics, and broader sector trends

Requirements:

To be successful in this role you will need to be highly analytical, with the ability to think critically and creatively as well as be conversant with the principles of finance. Successful applicants share some common traits:

• Excellent academic credentials
• Strong written and verbal communication skills
• Demonstrated interest in and enthusiasm for the public market investing and fundamental analysis
• Advanced understanding of accounting/financial statements with the ability to identify key drivers of a business and industry
• Excellent Excel modeling skills
• A self-starter mentality with an ability to learn quickly in a fast-paced environment
• Collaborative, team-oriented personality

How to Apply

Please submit your resume and a brief cover letter indicating your interest in the North America Semis & Tech Hardware Fundamental Equities Internship via our online portal https://job-boards.greenhouse.io/mwnaintern/jobs/8206708002. Applications will be reviewed on a rolling basis, so early submission is encouraged.