Red Sox owner John Henry's up over 50% in 2008
edmundfitzgerald
Posts: 4,306 ✭✭
in Sports Talk
Monday, 5 Jan 2009
Red Sox Owner Beats The Market
Posted By: Darren Rovell
Topics:Hedge Funds | Stock Market | Sports
CNBC.com
Boston Red Sox
John Henry had apparently had a great year in 2008, as the rest of the economic world started hurting. The S&P 500 posted its third worst year ever, down 38.49 percent. The Dow was down 33.8 percent for the year, its biggest decline since 1931. Meanwhile, John Henry's funds were counting the cash.
The chart below has the numbers for his funds through November, which is the latest update we have. Maybe the Red Sox could have afforded Mark Teixeira after all.
John Henry Funds Through November
FUND ASSETS UNDER MANAGEMENT 2008 PERFORMANCE
JHW GlobalAnalytics $135 Million +82.78 percent
JHW Diversified Plus $50 million +38.22 percent
Intl. Foreign Exchange $29 million +76.10 percent
Financial & Metals $26 million +39.31 percent
JHW Financial Plus $9 million +34.57 percent
JHW World Commodity $8 million +68.57 percent
Red Sox Owner Beats The Market
Posted By: Darren Rovell
Topics:Hedge Funds | Stock Market | Sports
CNBC.com
Boston Red Sox
John Henry had apparently had a great year in 2008, as the rest of the economic world started hurting. The S&P 500 posted its third worst year ever, down 38.49 percent. The Dow was down 33.8 percent for the year, its biggest decline since 1931. Meanwhile, John Henry's funds were counting the cash.
The chart below has the numbers for his funds through November, which is the latest update we have. Maybe the Red Sox could have afforded Mark Teixeira after all.
John Henry Funds Through November
FUND ASSETS UNDER MANAGEMENT 2008 PERFORMANCE
JHW GlobalAnalytics $135 Million +82.78 percent
JHW Diversified Plus $50 million +38.22 percent
Intl. Foreign Exchange $29 million +76.10 percent
Financial & Metals $26 million +39.31 percent
JHW Financial Plus $9 million +34.57 percent
JHW World Commodity $8 million +68.57 percent
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Comments
Thanks! For the heads-up! That's really big!
rd
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those returns are off the charts for such a down market, although it looks like most of them are international funds, which certainly explains how he could do so well.