The JANA Master Fund returned 20.4% in 2013, according to an investor letter reviewed by ValueWalk, as first reported this morning. VW has obtained Jana Q4 letter to shareholders: Nirvana funds to close April 1st, brief snapshot, story to follow pic.twitter.com/Z8vmsF4geL — ValueWalk.com (@valuewalk) January 24, 2014 JANA had a good 2013 investing in stocks which offered value due to being beaten down in many cases. Topping their list were Groupon Inc (NASDAQ:GRPN), Transfer Equity and Liberty Ventures. The five successful activist positions they entered in 2013 included Ashland Inc. (NYSE:ASH), Oil States International, Inc. (NYSE:OIS), Safeway Inc. (NYSE:SWY),…
JANA Credits Activist Approach For Strong Year; Closes Nirvana Fund
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.