Hedge funds sees USD10.2bn in new assets in September (Hedge Week)
Hedge fund industry assets continued to grow in September with USD10.2 billion in monthly inflows. September’s inflows represented an increase of 0.22 per cent of industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions. September was the seventh straight month of hedge fund inflows, a period during which the industry attracted USD154.0 billion in new assets. A USD49.7 billion trading loss on the month brought total hedge fund industry assets under management to USD4.53 trillion as September ended.
A Hedge Fund Sleuth Who Seeks Only the Truth (AFR.com)
Many years ago, Joyce Meng asked herself: how would someone design a hedge fund if they had no pre-conceived idea how a hedge fund was supposed to look? Her FACT Capital is both the product of that curiosity, and the proof that the existing Wall Street model could be wildly improved upon.
The SEVP of Sterling Bancorp (NYSE: STL) is Selling Shares (Analyst Ratings)
On November 24, the SEVP of Sterling Bancorp (STL), Luis Massiani, sold shares of STL for $1.39M. In addition to Luis Massiani, one other STL executive reported Sell trades in the last month. The company has a one-year high of $27.57 and a one-year low of $15.96. STL’s market cap is $5.24 billion and the company has a P/E ratio of 13.70.
Monday 11/29 Insider Buying Report: SRRA, MNRO (Nasdaq.com)
On Wednesday, Sierra Oncology’s Director, Craig A. Collard, made a $310,863 purchase of SRRA, buying 13,500 shares at a cost of $23.03 each. Sierra Oncology is trading up about 0.5% on the day Monday. And also on Wednesday, CEO & President Michael T. Broderick bought $301,098 worth of Monro, buying 5,000 shares at a cost of $60.22 each. Before this latest buy, Broderick bought MNRO at 2 other times during the past twelve months, for a total investment of $919,292 at an average of $61.29 per share. Monro Inc is trading off about 0.1% on the day Monday.
Asana Inc (ASAN) President, CEO, & Chair Dustin A. Moskovitz Bought $37.2 million of Shares (Guru Focus)
President, CEO, & Chair of Asana Inc, Dustin A. Moskovitz, bought 371,928 shares of ASAN on 11/24/2021 at an average price of $100 a share. The total cost of this purchase was $37.2 million.
An Insider at Emera (Other OTC: EMRAF) is Buying Shares (Analyst Ratings)
On November 25, an Insider at Emera (EMRAF), James Lee Bragg, bought shares of EMRAF for $496.7K. This recent transaction increases James Lee Bragg’s holding in the company by 45% to a total of $1.26 million. Following James Lee Bragg’s last EMRAF Buy transaction on October 06, 2017, the stock climbed by 14.8%.
