Hutchin Hill Exits JPM Trade, to Open UK Office, Launches Credit Fund

Hutchin Hill, another hedge fund that profited from the JPMorgan Chase & Co. (NYSE:JPM) London Whale fiasco, marked its fourth anniversary in the month of July this year. The Hutchin Hill Capital Master Hedge Fund's Q2  reports a rise of 1.73 percent in returns on all fees, while the year to date returns for the first six months of fiscal 2012 was up 0.8 percent. HH gained 9.5 percent on the S&P index for the first half of the year. For the four years, 2008-2012, the fund gained a total of 35.21 percent on all returns, compared to a raise of 21.15 percent on S&P 500. The master fund now has $1.1 billion in assets under management (AUM). The fund...