BY GREGORY ZUCKERMAN 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 said it will continue to do some trading for its own account. The firm, which managed more than $2.5 billion in ... -- You received this message because you are subscribed to the Google Groups "Red Sox Citizens" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/redsoxcitizens?hl=en.
