Tudor Launches New Futures Fund

Mar 2 2009 | 11:58am 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.


In Depth

AIMA: Smaller Firms Remain the Lifeblood of the Hedge Fund Industry

Jul 26 2017 | 5:55pm ET

It is a hedge fund industry truism that the largest managers receive the most attention...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...