Risk Premia Investing Should Be Dynamic (Preqin.com)
Investing in known investment factors has been shown to add value to portfolios. But the academic evidence for investing in factors – or risk premia – does not always conform to investors’ experience of it. Outsized paper returns simply may not be available in the real world. Why? Because the value that can be harvested from risk premia is not permanent. It can get crowded out or decay for other reasons. A passive investment in risk premia can therefore leave a lot of value on the table and expose investors to unnecessary drawdown. There must be a better way for investors to harness risk premia than through static allocations.
Keeping Pace with ESG (Hedge Nordic)
Stockholm (HedgeNordic) – Sustainable and responsible investing is rapidly evolving and making significant inroads into the asset management arena’s mainstream, including the hedge fund industry. Helsinki-based alternative investment manager AIM Capital, which manages two funds of funds and bespoke advisory mandates for institutional investors, has now updated its Responsible Investment Policy to keep up with this rapidly changing and evolving area.
Crypto Hedge Fund ARK36 Partners with CVX Ventures (Hedge Week)
ARK36, one of Europe’s fastest-growing cryptocurrency-focused investment funds, has partnered with CVX Ventures, a Danish venture investor, as part of the fund’s ongoing effort to strengthen its presence in the European market and to provide more value at scale to its investors. CVX Ventures’ mission is to create value for the most promising new companies by facilitating the exchange of skills and knowledge and driving their growth through capital investment. Their current network of partners includes more than 380 private investors, advisers, and board members, as well as investment funds.
Tuesday 2/23 Insider Buying Report: FSP, CAR (Nasdaq.com)
At Franklin Street Properties, a filing with the SEC revealed that on Monday, Dennis J. McGillicuddy bought 300,552 shares of FSP, for a cost of $4.22 each, for a total investment of $1.27M. So far McGillicuddy is in the green, up about 15.0% on their buy based on today’s trading high of $4.85. Franklin Street Properties is trading up about 7.1% on the day Tuesday. Before this latest buy, McGillicuddy bought FSP at 3 other times during the past year, for a total cost of $1.09M at an average of $4.36 per share. And at Avis Budget Group, there was insider buying on Friday, by EVP & Chief Financial Officer Brian J. Choi who purchased 23,735 shares for a cost of $45.88 each, for a total investment of $1.09M. This buy marks the first one filed by Choi in the past year. Avis Budget Group is trading up about 2.5% on the day Tuesday. So far Choi is in the green, up about 13.6% on their purchase based on today’s trading high of $52.14.
Facebook Inc (FB) COB and CEO Mark Zuckerberg Sold $11.8 million of Shares (Guru Focus)
COB and CEO of Facebook Inc, Mark Zuckerberg, sold 44,750 shares of FB on 02/19/2021 at an average price of $263.83 a share. The total sale was $11.8 million. Facebook Inc is the world’s largest online social network. Its products are Facebook, Instagram, Messenger, WhatsApp, and Oculus. Its products enable people to connect and share through mobile devices and personal computers.
The EVP, Res, Dev & Qlty of Mondelez International (NASDAQ: MDLZ) is Selling Shares (Analyst Ratings)
Yesterday, the EVP, Res, Dev & Qlty of Mondelez International (MDLZ), Robin Hargrove, sold shares of MDLZ for $2.51M. Following Robin Hargrove’s last MDLZ Sell transaction on May 15, 2017, the stock climbed by 12.1%. In addition to Robin Hargrove, 2 other MDLZ executives reported Sell trades in the last month.
