Thursday, 21 August 2014
Last updated 11 hours ago
Jul 17 2009 | 11:12am ET
John W. Henry & Co.’s portfolio of futures offerings wilted in the hot sun last month, dropping between 0.17% in its International Foreign Exchange program to 5.8% in its GlobalAnlaytics program.
A good portion of the firm’s losses came from the interest rate sector, where there was at least a temporary reversal in the trend toward higher global interest rates, according to Kenneth Webster, president.
“The majority of positions in this sector were unprofitable with the largest losses coming from positions in Eurodollars and Japanese Government Bond futures,” he wrote, in his monthly missive to investors.
The firm also took losses in the currencies, equity, precious metals, energy and agricultural markets. Its total assets under management stood at $184 million as of the end of June.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note