JWH ‘Thrives’ In September

Oct 15 2008 | 1:33pm ET

While hedge funds struggled with drawdowns last month, one quantitative shop made gains in an otherwise precarious market. 

John W. Henry & Co. reported gains in all of its programs highlighted by the GlobalAnalytics program’s 20.40% gain. Kenneth Webster, chief operating officer, said the firm’s programs thrived last month amid high volatility and investor fears and anxiety.

‘The energy sector generated significant returns for JWH’s GlobalAnalytics program during the month,” wrote Webster, in an investor letter. “Crude oil, crude oil products and natural gas all finished the month down more than 10% from the prior month’s close.”

Webster said the firm also profited in global stock indices, currencies, metals and agricultural commodities.


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of