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This Financial Services-Focused Fund Bounced Back In Q2 Due To A Stock Purchased Back In 2005

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Michelle deBoer-Jones
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Jacobs Asset Management's JAM Partners was up 3.2% net for the second quarter, bringing its year-to-date returns to 1% for the first half of the year after Q1's decline. For comparison, the S&P 500 gained 4.3% in Q2 and 18.5% for the first half of the year, while the KBW Bank Index gained 5.5% for the quarter and 15.9% for the first six months.

Q2 hedge fund letters, conference, scoops etc

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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.