Saturday, 29 August 2015
Last updated 1 day ago
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%.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…