Hedge Fund Trims Investment-Grade ETF in Favor of Junk Fund
August 17, 2015 at 09:00 AM EDT
Tudor Investment Corp., the hedge fund run by Paul Tudor Jones, is not among the investors fearing high-yield corporate bonds. During the second quarter, Tudor Investment Corp. trimmed its stake in the iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEArca: LQD) while building a stake in the...