Sunday, 29 November 2015
Last updated 1 day 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.
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…