June Swoon For JWH

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.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...