JWH Jolted By Energy Sector In May

Jun 16 2008 | 11:58am ET

All of John W. Henry & Co.’s programs were positive for the month of May, resulting in year-to-date returns ranging from 7% to over 30%.

The firm’s gains were led by the JWH GlobalAnalytics program, which was up 7.12% (30.47% YTD) and the Diversified Plus, which was up 4.9% (18.87% YTD).

According to Kenneth Webster, chief operating officer, the majority of the markets traded were relatively quiet and directionless with the exception of the energy sector, which was the main driver of monthly trading profits.

“Crude oil and natural gas continued their rally, both hitting new all-time highs during the month of May,” said Webster. “Significantly higher energy prices continue to meaningfully alter trading patterns or drive intermediate-term trends. The possibility for additional regulatory scrutiny and further investigation into speculative trading activity in the energy markets may have been a factor in a late month sell-off in the sector.”

The firm managed $292 million as of the end of May.


In Depth

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Lifestyle

Einhorns Busts At WSOP, Finishes In 173rd

Jul 15 2014 | 10:48am ET

Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note