Tudor ahead of pack


Macro funds swung wildly in both directions during July, but most posted either flat or slightly negative returns according to various indices. Brevan Howard did well, notching an estimated 1.5% gain in July, bringing its year-to-date total to an estimated 12.41%. Paul Tudor Jones' Tudor BVI Global Fund posted a 0.75% gain in July and is up 5.06% for the year-to-date. Bruce Kovner's GAMut Investments finished July with a negative 1.18% return. It is now up 0.75% for year-to-date and 4.97% for the last 12 months. Moore Global Investments Class A also finished the month with a slight