Investors are fleeing as John W. Henry’s losses mount. Is he unwilling to change, or just distracted by baseball?
By Barry Cohen
Investors are fleeing as John W. Henrys losses mount. Is he unwilling to change, or just distracted by baseball?
Since John W. Henry launched his eponymous firm in 1982, he has always stubbornly clung to his disciplined, trend-following approach. Throughout the peaks and troughs of a long investment career in managed futures, in which he is regarded as one of the founding fathers, this obstinacy has served him well. But now, after several years of dismal returns, the very future of Henrys Commodities Trading Advisor may finally be