Wednesday, 1 October 2014
Last updated 11 hours ago
Mar 1 2013 | 11:46am ET
Tudor Investment Corp. may launch its first equity hedge funds in more than four years.
The Greenwich, Conn.-based firm may open two stock funds to clients next year, Bloomberg News reports. One of the funds would be a multi-manager vehicle, similar to the $830 million Tudor Discretionary Macro Fund the firm launched last year, with 15 teams of portfolio managers.
Plans are in the early stages and could fail to bear fruit, Bloomberg warned.
Tudor has not had an equity fund since the 2009 departure of James Pallotta. Pallotta ran Tudor's Raptor Global fund for 16 years before spinning it off; he closed it just six months later.
Tudor has tried, without much success, to rebuild its equities business since 2010. But the effort has been hampered by high-level departures and cutbacks in Asia.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...