{"id":52758,"date":"2016-05-24T07:43:28","date_gmt":"2016-05-24T11:43:28","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=52758"},"modified":"2016-05-24T07:43:28","modified_gmt":"2016-05-24T11:43:28","slug":"tudor-cuts-fees-on-biggest-fund-to-keep-investors-on-board","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2016\/tudor-cuts-fees-on-biggest-fund-to-keep-investors-on-board.html","title":{"rendered":"Tudor Cuts Fees on Biggest Fund to Keep Investors on Board"},"content":{"rendered":"<p>(Bloomberg) Tudor Investment Corp., one of the oldest and most expensive hedge funds, is trimming fees as the finance industry\u2019s highest-paid money managers face a growing backlash over their lackluster performance. The $11.6 billion firm, run by billionaire Paul Tudor Jones, will reduce fees for a share class that contains most of its biggest fund\u2019s money to 2.25 percent of assets and 25 percent of profits, starting July 1, according to a letter sent to clients on Monday and obtained by Bloomberg. The fees were 2.75 percent and 27 percent.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-05-23\/tudor-cuts-fees-on-some-hedge-funds-to-keep-investors-on-board\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Tudor Investment Corp., one of the oldest and most expensive hedge funds, is trimming fees as the finance industry\u2019s highest-paid money managers face a growing backlash over their lackluster performance. The $11.6 billion firm, run by billionaire Paul Tudor [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-52758","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=52758"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52758\/revisions"}],"predecessor-version":[{"id":52759,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52758\/revisions\/52759"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=52758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=52758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=52758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}