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Profits plummet in Europe for billionaire Paul Tudor Jones

Storied investment tycoon had a difficult 2017 — but there have been signs of a recovery this year

Paul Tudor Jones, co-chairman and chief investment officer of Tudor Investment Corp
Paul Tudor Jones, co-chairman and chief investment officer of Tudor Investment Corp Photo: Getty Images

Profits have fallen sharply at the London hedge fund arm of storied investment tycoon Paul Tudor Jones, who recently warned that the next recession will be “frightening” for the global economy.

Profits available for distribution among members of Tudor Capital Europe, the European arm of Tudor Investment Corporation, fell 82% to $12.1m, in the year ending March 31, 2018, according to accounts recently filed at Companies House.

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