Big change coming in macro trading– Paul Tudor Jones
November 30, 2017, 10:52 PM EST Updated on December 1, 2017, 8:55 AM EST
By Hema Parmar
Paul Tudor Jones is shaking up his hedge fund, which has been battered by investor withdrawals.
Tudor Investment Corp. is closing its Discretionary Macro fund and letting investors shift assets to the main BVI fund as of Jan. 1, according to an investor letter seen by Bloomberg News. Jones will also principally manage Tudor’s flagship BVI fund, which will be the firm’s only multi-trader fund next year, the Nov. 30 letter said.
Andrew Bound and Aadarsh Malde, who were co-chief […] Read more