Barry Rosenstein is putting his money in Japan Airlines Co Ltd (TYO:9201) and Oil States International, Inc. (NYSE:OIS), Kelly Bit reports for Bloomberg. Jana Partners sold all its gold assets in February, says the firm in a letter to investors, saving itself from steep losses when gold plummeted in April and hit investors like John Paulson, David Einhorn and Paul Singer. Another hedge fund manager who has closed his investment in gold is Dan Loeb, his fund Third Point exited the precious metal when it was at $1450 in second quarter. Jana also sold out of Coca-Cola Enterprises Inc (NYSE:CCE) and Rockwood Holdings, Inc. (NYSE:ROC) in the…
Barry Rosenstein's Jana Buys Japan Airlines, Oil States; Sells Gold
HFA Staff
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