Friday, 27 March 2015
Last updated 56 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.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…