August 02, 2017
Managing Member at Villicus Capital Group LLC
Paul Tudor Jones Clients Pull 15% From Main Hedge Fund
Even some of the biggest and the well known names have been struggling in recent years. Due to underperformance and high fees,Tudor Investment Corp. has lost about 50% of its assets compared to a year ago. Even with a great long term track record, it goes to show that unless you're truly adding alpha, no one is immune to the massive shift out of hedge funds into other asset classes and passive investments.
Read more here: https://www.bloomberg.com/news/articles/2017-08-01/paul-tudor-jones-clients-said-to-pull-15-from-main-hedge-fund
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