Good catch. Pretty embarrassing to see another journalist confuse assets under management with investment performance.
No idea, but why do you think it's performance related? JWH's flagship fund is up 110% net of fees 2005 through 2011.
What an incredible fall from grace. The investors must have fled "enmasse" to drop AUM at such an amazing rate. Wonder what triggered the precipitous decline? Did he have just one giant investor ( institutional or perhaps a sovereign entity) or 1000's of little fish? Surf
Or was it a massive streak of bad luck resulting in horrid performance? Anyone care to venture what % peak to trough decline this was? It must be one of the steepest plummets of all time. Imagine being an investor at the start of the decline and being locked in for a year plus.....brutal!
John Henry doubled their money over 5 years, net of fees. Why would an investor care if assets under management plummet 80% when the fund is up 110% over the same period? Of course all this must be confusing to you Marketsurfer, as you appear to have trouble understanding the difference between AUM and ROR.
Maybe you didn't get it the first time. Sometimes repeated exercise works wonders for simple minders like yourself: