Thursday, 26 March 2015
Last updated 43 min 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.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…