Wednesday, 23 July 2014
Last updated 7 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…