Thursday, 8 October 2015
Last updated 1 hour 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 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…