Jana Up 5.3% Through June

Jul 2 2014 | 8:56am ET

Jana Partners enjoyed modest gains in the first half, well ahead of the average hedge fund but slightly lagging the broader markets.

The New York-based activist hedge fund returned 5.3% in the first six months of the year, capped by a 1.6% rise in June, reported The Wall Street Journal. By contrast, the average hedge fund returned under 2% through May, and the Standard & Poor’s 500 Index 6.8% in the first half.

The $10 billion firm did not break down its performance by position in its monthly investor update. But its new investments are doing well: Walgreen Co. has returned 28% this year and AerCap Holdings 21%.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...