Saturday, 1 August 2015
Last updated 23 hours ago
Mar 7 2014 | 3:11am ET
Tudor Investment Corp. has dug itself a hole early in 2014.
The $13 billion firm has seen its three funds lose ground in the first two months of the year. Tudor’s flagship BVI Global Fund is down just over 3% over that period, Forbes reports. The firm’s other funds are also in the red, with its Discretionary Macro Fund down 5.76%.
Both of the smaller funds—Discretionary Macro and Tensor—have lost ground for three straight years. And while Tudor’s Global fund returned 14.3% last year, the three prior years were its worst ever, with annualized returns of just 5%. Indeed, The New York Times reports, it has been more than a decade since Tudor has matched or exceeded its annualized return since 1980, 19.5%.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…