Thursday, 30 July 2015
Last updated 23 min 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.
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…