QIM funds gain in June but are still down for the year
By Suzy Kenly Waite
Thu Jul 15, 2010
Jaffray Woodriff’s firm produced positive numbers in June after a disappointing May. All of its managed futures funds are still down for the year, but its long/short equity fund is up by 16.78%.
After posting losses in May, Jaffray Woodriff’s Quantitative Investment Management recovered somewhat in June, producing gains in its three managed futures funds.
The firm returned 0.42% in the Quantitative Global Program, 0.40% in the Quantitative Global Program 1x and 1.29% in its Quantitative Global Program 3x.
Still, all three funds remain negative for 2010—the $4.3 billion Global Program is down 6.61% after falling 1.39% in...
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