Bloomberg Markets: Tudor to Start Macro Fund Using AI
Bloomberg Markets with Carol Massar and Cory Johnson. GUEST: Hema Parmar Hedge Fund Reporter Bloomberg Brief Discussing Paul Tudor Jones, reeling from sluggish returns and client withdrawals, is turning to one of his top money managers to start a macro hedge fund that uses machine learning. Dharmesh Maniyar will oversee the fund, said people familiar. It will be Tudor Investment's only current single-manager macro offering. Maniyar is helping Jones develop new computer models as part of a quantitative revamp of the firm’s traditional investing approach.