Economics
Paul Tudor Jones Clients Pull 15% From Main Hedge Fund
- BVI client assets sink to $3.6 billion, half value of year ago
- Billionaire macro manager’s fund is down 1.9 percent
Paul Tudor Jones
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
Paul Tudor Jones’ investors are increasingly deserting him.
The billionaire macro manager who helped give rise to the hedge fund industry saw clients pull about 15 percent of their assets from his main fund in the second quarter, according to investors who asked not to be identified discussing private information. That’s left client assets at about $3.6 billion, almost half the value a year ago.