RenTech, Tudor Burned By June

Jul 7 2011 | 10:34am ET

Add two other prominent hedge funds to the roll call of June casualties: Renaissance Technologies and Tudor Investment Corp.

The former's Institutional Futures Fund fell 1.94% last month, extending its year-to-date losses to 2.48%, Dealbreaker.com reports. The fund lost 3.44% in May.

Tudor also suffered a second-straight down month, with its Momentum Fund down 1.6% and its Tensor Fund down 2.4%. The former dropped 3.27% in the first half and the latter lost 7.45%.

In May, the funds lost 4.95% and 6.75%, respectively.


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