Tudor Launches New Futures Fund

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.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...