Tudor Investment Corporation is among a group of hedge funds whose bets on a US interest rate rise are making millions of dollars in profits this month.
The Greenwich, Connecticut-based firm, set up by billionaire trader Paul Tudor Jones, saw its flagship $8.3 billion BVI Global fund gain 1.8% this month to November 13, according to figures sent to investors and reviewed by The Wall Street Journal. Its $1.8 billion Discretionary Macro fund gained 1.7%, said a person who had seen the numbers.
