Thursday, 25 December 2014
Last updated 1 day ago
Jan 4 2012 | 11:12am ET
John Ho's second year on his own wasn't quite as successful as his first, but with hedge funds suffering their second-worst year ever, he'll happily take it.
Janchor Partners, the Asia-focused hedge fund founded in 2010 by the former Children's Investment Fund Management Asia chief, returned about 8.6% last year, Bloomberg News reports. By contrast, the average hedge fund lost about 4% and long/short strategies similar to Janchor fell about 10%, Eurekahedge data shows.
Hong Kong-based Janchor, which manages US$1 billion, has returned 47% since its January 2010 debut.
"We look at our performance over multi-year market cycle," Ho wrote in a preliminary performance update sent to investors yesterday. "We don't focus on any one-year return."
Most of Janchor's assets are locked up for three years.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.