News

John W. Henry & Company To Evict Investors At The End Of The Year

Clients were informed of the turn of events today in a rather terse email that may or may not have concluded, “So that’s all, don’t let the door hit you on the way out.”

John W. Henry & Co., a trading firm controlled by the principal owner of baseball’s Boston Red Sox, told clients it will stop managing their money amid dwindling assets and slumping returns. “This is to notify you that JWH has determined to cease managing client assets effective December 31, 2012,” Amy B. Hanson, a marketing manager of the firm, wrote in an email to clients on Friday. “We will not be providing performance information going forward.”

John W. Henry to Stop Managing Client Money [WSJ]

26 comments
(hidden for your protection)
Show all comments

26 Responses to “John W. Henry & Company To Evict Investors At The End Of The Year”

  1. brass says:

    << Insert sad trombone sound>>

  2. guest says:

    Hedge Fund Hunger Games cannon just fired! May the odds be ever in your favor.

  3. Nervous Jew says:

    Those murder gloves and vacant shark like eyes make me very nervous.

  4. JWH phoning it in says:

    The article went on to say that the notification letter was sent to all two of JWH's current investors. Only one of whom is not currently on life support at Palm Beach General.

  5. guest says:

    Dispatching the marketing chick to make the call is particularly cold.

  6. Alt_EST says:

    John W. Henry, principal owner of baseball’s Boston Red Sox, and a professional money manager, told fans he will stop managing the team amid dwindling performance and slumping batting averages. “This is to notify you that Mr. Henry has determined to cease managing the team effective September 15, 2011,” Amy B. Hanson, a marketing manager of the team, wrote in an email to the Boston Courier on Friday. “We will not be providing performance going forward.”

    -Articles Not Written, but Possibly True

  7. Bongo says:

    Super Hot Marketing Chick!

  8. guest says:

    From the man who brought you the strategy Long Carl Crawford, Short Starting Pitching.

    – Guy who doesn't care that John Henry isn't the GM

  9. Headline Correction says:

    "John W. Henry to finally admit he stopped managing client's money years ago…" Corrected title of article.

  10. CBOT says:

    Guy was a real pioneer in managed futures.

    I don't fault older men like this for wanting to travel or watch and own sports instead of dicking around in meetings all day.

  11. Caddyshack input says:

    "Hey Whitey, Where's your hat?" – person who knows JWH is known to wear hats and is also a huge fan of Caddyshack

  12. PB General Quant says:

    Close, but not quite.

  13. Net Floss says:

    It's all Terry Francona's fault.

    Thanks a lot, Tito!

    -Amy Hanson

  14. RBI Quant says:

    What was worse – Red Sox, September 2011 – 2012 or JWH fund performance?

  15. Guest says:

    Now he can focus on making Liverpool an even worse team.