The flow of Q2 hedge fund investor letters continues, this time with an update from JHL Capital Group. The hedge fund’s Classes A and C interests were down 7.2% for the second quarter, while Class B was down 7%. In comparison, the S&P 500 Total Return Index was up 3.4% for the quarter, while the NASDAQ 100 gained 7.3% and the Russell 2000 rose 7.8%. Founder James Litinsky admitted in the JHL Q2 2018 letter that their results were disappointing, and looking back, he said they “should have been more open-minded in tactically applying our current framework for profits.” “Frustrating…
JHL Dumps Gold And Highlights Speculative “Euphoria” In Q2 Letter
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.