An investment company run by the owner of the Boston Red Sox says it will stop managing money for clients.
A notice on the website of John W. Henry & Co. says it will stop managing clients' assets on Dec. 31. The company trades commodities, foreign currencies and debt.
The company has suffered a well-publicized decline in business over the past five years. It assets under management have fallen from $2.4 billion in September 2004 to $188 million this July.
Henry is also the owner of Liverpool, of soccer's English Premier League.

Top MLB Public Bets

MLB Top Stories

Thumbnail A's vs. Angels Prediction Will the Angels complete their series sweep of the A's when the AL West rivals meet again tonight at 10:07PM ET?
Thumbnail Yankees vs. Red Sox Prediction Will the Yankees upset the Red Sox for a second straight night when the AL East rivals clash at 7:10PM ET?
Thumbnail Blue Jays vs. Cards Game 2 Prediction Will the Blue Jays pull off the upset in Game 2 of their double-header versus the Cardinals tonight at 6:15PM ET?
Thumbnail Astros vs. Indians Pick Will the Cleveland Indians find a way to close out a series win over the Houston Astros when the two meet up tonight at 6:10PM...
Thumbnail Dodgers vs. Giants Prediction Will the series finale between the Dodgers and Giants be low-scoring for bettors at 3:45PM ET?

MLB Team Pages