Tudor fund halts redemptions

Paul Tudor Jones, who made a fortune when he predicted the 1987 stock market crash, plans to split toxic assets out of his $10bn flagship hedge fund and has suspended redemptions until the restructuring is complete. In a letter sent to clients on Friday, Jones said investors were trying to redeem 14% of the Tudor BVI fund at the end of the year…….
Original Source: ftalphaville.ft.com

  1 de December , 2008| hedgefunds | @ 21:47

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