(Bloomberg) Tudor Investment Corp., the $11 billion hedge fund founded by billionaire Paul Tudor Jones, has closed its Singapore trading desk as part of a global shakeup, according to people familiar with the matter.
The firm still has staff in Singapore focusing on quantitative research, and continues to add such developers, said one of the people, who requested anonymity because the move hasn’t been publicly disclosed. Tudor had employed about 10 people in Singapore before it closed the trading desk, said the person, who declined to say how many people remain in the office.
