Hedge Fund and Insider Trading News: Carlson Capital, Westbeck Capital Management, Archegos Capital Management, Insight Partners, African Rainbow Minerals Ltd (AFBOF), Arista Networks Inc (ANET), and More

UK Hedge Fund Managers’ Confidence Levels Up 60% Since Q4 2020 (Investmentweek.co.uk)
Confidence among UK-based hedge fund managers has increased by 60% during Q1 2021 compared to Q4 last year, according to AIMA’s Hedge Fund Confidence Index (HFCI). HFCI, which comprises 300 hedge funds from across the globe amounting to approximately $1trn of assets under management, also found that more than 90% of participants cited a positive confidence measure.

Hedge Fund ProChain Capital: Companies Dabbling In Blockchain Are Taking Off (The Street)
ProChain Capital, a cryptocurrency investment firm that operates a crypto-based hedge fund, has experienced a nearly 70% return year-to-date. The fund actively invests in larger tokens like Bitcoin, Ethereum, Litecoin, Monero and others. The fund also goes long and short equities within the crypto industry, among other investments. ProChain’s President, David Tawil, had a lot to say on the growing adoption of cryptocurrency in an interview with TheStreet Crypto.

Arista Networks Inc (ANET) SVP, COO Anshul Sadana Sold $2.7 million of Shares (Guru Focus)
SVP, COO of Arista Networks Inc, Anshul Sadana, sold 8,468 shares of ANET on 04/09/2021 at an average price of $315.15 a share. The total sale was $2.7 million. Arista Networks Inc is a supplier of cloud networking solutions that use software innovations to address the needs of large-scale Internet companies, cloud service providers, and next-generation data centers for enterprise support.

The Company Secretary of African Rainbow Minerals (Other OTC: AFBOF) is Selling Shares (Analyst Ratings)
Today, the Company Secretary of African Rainbow Minerals (AFBOF), Alyson Nerene D’Oyley, sold shares of AFBOF for $2.57M. In addition to Alyson Nerene D’Oyley, one other AFBOF executive reported Sell trades in the last month.

Hyundai Executives to be Investigated for Insider Trading (UPI)
SEOUL, April 14 (UPI) — A dozen executives from South Korea’s Hyundai Motor are under investigation into whether they profiteered from insider information earlier this year. The country’s financial regulators said Sunday that after two-month probes, the Korea Exchange had decided to pass the case on for a further, full-fledged investigation.

Follow Insider Monkey on Twitter