This Hedge Fund Firm Was Up 146 Percent in 2020

Cannabis and Amazon have fueled JW’s eye-popping gains.

Nearly half of JW Asset Management’s U.S. common stock assets were in Amazon.com. (Chris Ratcliffe/Bloomberg)

Nearly half of JW Asset Management’s U.S. common stock assets were in Amazon.com.

(Chris Ratcliffe/Bloomberg)

Now this is what you call high performance.

Two of JW Asset Management’s funds — the “B” shares of JW Partners and the similarly managed JW Opportunities Fund — produced a 146 percent gain last year, according to an investor with knowledge of the performance and a private database of hedge fund returns.

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