JWH Gains On Interest Rates In Nov.

Dec 17 2007 | 12:35pm ET

Make it four months in a row for John W. Henry & Co., as the Boston Red Sox owner’s firm rallied in November. The once-billion-dollar futures firm reported gains in four of its five programs led by its Global Analytics program, which gained 10.18% last month.

JWH’s International Foreign Exchange program was its lone black eye, dropping 8.8%.

The interest-rate sector was the firm’s best-performing sector, and positions in the U.S. 10-year-note futures were the firm’s most profitable positions, according to Chief Operating Officer Kenneth Webster. “JWH’s program performance for November resulted in the continuation of the positive results seen over the past few months,” wrote he wrote in his monthly investor letter.

“The ongoing concern about the health of the U.S. economy and the Fed’s ability to proactively react to signs of impending problems continue to drive performance across the market sectors.”


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of