Monday, 30 November 2015
Last updated 2 days ago
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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…