Thursday, 24 July 2014
Last updated 1 hour ago
Mar 2 2009 | 10:58am ET
Hedge fund giant Tudor Investments hopes to capitalize on the success of its futures funds last year with a new global futures offering.
The Tudor Momentum Fund began trading last December, and is run by Steve Evans, who also manages the firm’s $870 million Tensor Fund, which returned 36% last year. The new fund has garnered about $51 million from investors since its debut, The New York Times reports.
Tensor, like its predecessor, uses a quantitative model to profit from market volatility. It returned 1% in January.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…