Thursday, 18 December 2014
Last updated 28 min 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.