JAT assets nearly halved following 19.6% loss last year
February 25, 2013
John Thaler's now-$1.3 billion firm shows strong January to begin comeback.
John Thaler's JAT Capital Management has shrunk to $1.3 billion from $2.4 billion just one year ago, squeezed by a difficult combination of poor performance and redemptions, according to people close to the firm.
The money fled as JAT turned in a gruesome 2012, with the flagship TMT-focused global equity fund down 19.6% compared with a 6.12% rise for the Absolute Return...
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