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Tudor hedge fund sees $1B outflows

Years of lackluster returns and executive departures lead to capital outflows, according to report.

Paul Tudor Jones
Eduardo Munoz | Reuters
Paul Tudor Jones

Paul Tudor Jones' investment management firm is seeing executives depart and investors pull more than $1 billion from his hedge fund, according to a Bloomberg report.

Executives including Richard Puma have left Tudor Investment Corp. in recent months amid losses in recent years, Bloomberg reported. Tudor's funds manage about $13 billion of total assets that invest across a number of strategies.

Jones, who has made big bets on macroeconomic plays, bolstered his reputation with market-beating performance through the financial crisis.