Tuesday, 21 April 2015
Last updated 12 hours ago
Apr 23 2008 | 12:13pm ET
John W. Henry & Co. continued its winning ways in March with gains in five out of its six programs.
The firm’s International Foreign Exchange program offered the heftiest return last month up 13.97% (19.25% YTD) followed by the Financial and Metals Portoflio, which gained 8.91% (29.915 YTD).
The firm profited trading in global equities, with positions in Japan contributing “heavily to the sectors positive performance,” according to Kenneth Webster, president and chief operating officer, in his monthly investor letter.
“Positions in Japanese and U.S. interest rates outperformed positions in European rates,” he wrote. And while crude oil prices rose above $100 per barrel in March, it was natural gas that helped provide profits in the sector for JWH.
However, the firm’s positions in precious and base metals as well as agricultural commodities sector produced negative performance in March.
JWH managed an estimated at $317 million as of the end of March.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…