Thursday, 18 December 2014
Last updated 1 hour ago
Jul 1 2013 | 1:24am ET
Add Tudor Investment Corp. to the roster of last month’s hedge fund victims.
The firm’s Tensor Fund was down 4.35% through June 21, leaving it down 2% on the year, DealBreaker reports. The loss leaves the fund 15% below its high-water mark, according to a source, and down for the third year in a row—albeit with plenty of time to make up the losses.
According to DealBreaker’s source, there may be deeper issues at Tensor, however.
There was an exodus of people in January, just after bonuses (or the lack of them) were paid,” the source said.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.