The Vaccines and Mumford and Sons

 Sir Paul Roderick Clucas Marshall (born 2 August 1959) is a British investor.

According to The Sunday Times Rich List in 2020, Marshall is worth £630 million.^[2]

Paul Roderick Clucas Marshall was born on 2 August 1959 in Ealing, London, England, the son of Alan Marshall, managing director, Philippine Refining Company (later Unilever Philippines), and Mary Sylvia Clucas, daughter of Dr T. S. Hanlin.^[3][4] His sister is the journalist Penny Marshall.^[5]

When his parents moved to the Philippines and then South Africa for his father’s job with Unilever, Marshall boarded at Merchant Taylors' School, in England. He boarded in the Manor of the Rose while at the school. ^[6]

From there he went to St John's College, Oxford, to read History and Modern Languages, and subsequently took an MBA from the INSEAD (Institut Européen d'Administration des Affaires) business school in Fontainebleau, France.^[7]

He is the co-founder and chairman of Marshall Wace LLP, one of Europe's largest hedge fund groups.^[8] Marshall Wace^[9] was founded in 1997 by Marshall and Ian Wace.^[10] At the time, Marshall Wace was one of the first hedge funds in London.^[6] The company started with $50 million, half of which was from George Soros.^[6]

Funds managed by Marshall Wace have won multiple investment awards^[11] and the company has become one of the world's leading managers of equity long/short strategies. Marshall Wace manages $50 billion and has recently^[when?] opened an office in China.^[12] Prior to founding Marshall Wace, Marshall worked for Mercury Asset Management, the fund management arm of S. G. Warburg & Co.

He is a member of the Hedge Fund Standards Board. 

Marshall had a longstanding involvement with Britain's Liberal Democrats party.^[13] He was research assistant to Charles Kennedy, MP, former leader of the Liberal Democrats in 1985 and stood for Parliament for the SDP/Liberal Alliance in Fulham in 1987. He has made appearances on current affairs programmes such as BBC Radio 4's Any Questions.^[14][15]

In 2004, Marshall co-edited The Orange Book with David Laws MP. Chapters were written by various upcoming Liberal Democrat politicians including Nick Clegg, Chris Huhne, Vince Cable MP, Ed Davey MP and Susan Kramer (Neither Clegg, Huhne nor Kramer were MPs at the time.) Laws, describing the pair's ambition in publishing The Orange Book, wrote "We were proud of the liberal philosophical heritage of our party. But we both felt that this philosophical grounding was in danger of being neglected in favour of no more than ‘a philosophy of good intentions, bobbing about unanchored in the muddled middle of British politics’"^[16] The book attracted initial controversy when launched^[17][18] but both it and the term 'Orange Bookers' to describe those sympathetic to its outlook continue to be frequently referenced to describe a strand of thought within the Liberal Democrats.^[19][20]

Between 2002 and 2015, Marshall donated £200,000 to the Liberal Democrats.^[6] Marshall left the party in 2015 over its policies on the EU and its support of continuing British membership.^[6]

In July 2016, Marshall donated £3,250 to Michael Gove's Conservative leadership campaign.^[21]

In 2017, Marshall gave funding to a new political news website called UnHerd.^[6]

In 2020/1 Marshall invested, in a personal capacity, £10 million into the political news and opinion channel GB News.^[22][23]

Marshall was a public supporter of Brexit during the European Union membership referendum in 2016.^[24] He gave a donation of £100,000 to the Leave campaign.^[6]

Writing for Brexit Central in April 2017 on the UK exiting the European Union, Marshall wrote: "This is a huge opportunity for the UK. Our ambition is that the UK should be a champion of free trade, open and outward looking to the world and built on strong institutions."^[25]

In an interview with the Financial Times in 2017, Marshall said: "Most people in Britain do not want to become part of a very large country called Europe. They want to be part of a country called Britain." 

He is married to Sabina. His wife is French and owns an antique shop on the King’s Road in Chelsea.^[6] Marshall is father of former Mumford & Sons band member Winston Marshall and musician Giovanna Marshall.^[39]