Tag Archives: Fund

Verition Fund Management LLC lifted its stake in Yandex (NASDAQ:YNDX – Get Rating) by 16.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,893 shares of the information services provider’s stock after purchasing an additional 1,657 shares during the quarter. Verition Fund Management LLC’s holdings in Yandex were worth $225,000 as of its most recent filing with the Securities and… Source link

New York State Common Retirement Fund trimmed its holdings in Yandex (NASDAQ:YNDX – Get Rating) by 82.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,076 shares of the information services provider’s stock after selling 9,944 shares during the quarter. New York State Common Retirement Fund’s holdings in Yandex were worth $39,000 at the end of the most recent reporting period. Several other… Source link

Lori Systems, an African on-demand logistics and trucking company digitizing haulage and providing shippers with solutions to manage their cargo and transporters, has raised a pre-Series B round in which Google participated along with other existing investors. Sources say the company raised at a slightly higher valuation than its last $110 million valuation in 2020.  This undisclosed investment is Google’s third from the $50 million Africa Investment Fund targeted at the… Source link

State of New Jersey Common Pension Fund D lowered its stake in shares of Yandex (NASDAQ:YNDX – Get Rating) by 20.3% during the first quarter, Holdings Channel.com reports. The firm owned 61,292 shares of the information services provider’s stock after selling 15,577 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Yandex were worth $1,161,000 as of its most recent SEC filing. A number of other institutional investors also… Source link

(Bloomberg) — Bridgewater Associates posted a 32% return for its flagship hedge fund through the first half of 2022 as it benefited from increased market volatility, according to a person familiar with the performance. Most Read from Bloomberg The firm founded by Ray Dalio told investors that the Pure Alpha II fund climbed 4.8% in June, boosting the annualized return since its 1991 inception to 11.4%, the person said, asking not to be identified because the results aren’t public. Like many… Source link

‘They’ll chicken out’: Fund legend Rick Rule says the Fed won’t keep hiking rates aggressively to prevent ‘amazing damage.’ Here are 3 spots he likes for your dough The Fed is raising interest rates aggressively in an attempt to tame raging inflation. But according to legendary investor Rick Rule — former president and CEO of investment fund Sprott U.S. Holdings — things may not go as planned for America’s central bank. “I think they’ll chicken out,” he told Stansberry… Source link

Award recognizes winners for exemplifying the fundamental connection between sustainability, innovation and long-term business success in a globalizing world. SAN FRANCISCO –News Direct– CEF SAN FRANCISCO, June 20, 2022 /3BL Media/ – CCEF presented the 2022 C.K. Prahalad Award to two co-winners, Shopify Sustainability Fund and Stripe Climate, recognizing their groundbreaking efforts to catalyze a market for carbon removal solutions. The awards were announced in connection with the 2022 CEF… Source link

(Bloomberg) — Tesla Inc. has lost its crown jewel status in Cathie Wood’s main fund for the first time in about four-and-a-half years. Most Read from Bloomberg Elon Musk’s company had commanded the pole position by market value in the ARK Innovation ETF, an exchange-traded fund known as ARKK, on most days since at least 2017, according to data compiled by Bloomberg. That changed on Thursday, when electronics product maker Roku Inc., a firm with $13.2 billion of market value, pipped it to… Source link

Top economists and money managers worldwide are warning that rising consumer prices and falling economic growth are combining to form a deadly recipe for the global economy—stagflation. Some 77% of investment fund managers say they see “below-trend growth and above-trend inflation,” a.k.a stagflation, as the most likely outcome for the global economy over the next year, according to a May survey from Bank of America Global Research. That’s the highest percentage seen since August… Source link

(Bloomberg) — As China’s markets gyrate following Covid outbreaks and Russia’s invasion of Ukraine, one of the nation’s best-performing macro hedge funds is bracing for more pain. Most Read from Bloomberg Shanghai Banxia Investment Management Center, which topped local rankings in 2020, has cut its stock exposure to zero in anticipation of a worsening economy and further declines in equities, founder Li Bei said. The fund, which manages more than 5 billion yuan ($785 million), has also… Source link