Thursday, 18 September 2014
Last updated 10 hours ago
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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.