Arisaig Partners Launches Public Markets EM Impact Fund (Hedge Week)
Arisaig Partners, the USD3.8 billion ultra long-term public equities investment boutique, has unveiled a new impact strategy, the Arisaig Next Generation Fund, which targets listed businesses in emerging and frontier markets that are generating positive social and environmental impacts for the world’s major underserved populations. Arisaig Partners, which has been responsibly investing in the growth of the emerging market consumer since 1996, formally integrated ESG into its investment process a decade ago. Through its on-the-ground presence, the team is able to conduct proprietary research and engage with companies in the developing world, where progress on ESG issues is slower, but the opportunity to make a difference is far greater.
Millennium Hedge Fund Takes €11m Bet Against Bank of Ireland (The Times)
Millennium International Management, an American hedge fund, has renewed its bet against Bank of Ireland by taking a €11m short position in its shares. The position, made in the expectation that the shares have further to fall, follows previous short-selling of Bank of Ireland shares by Millennium earlier in the year.
Microsoft Corp (MSFT) EVP, CFO Amy Hood Sold $17.5 million of Shares (Guru Focus)
EVP, CFO of Microsoft Corp., Amy Hood, sold 80,000 shares of MSFT on 09/03/2020 at an average price of $218.14 a share. The total sale was $17.5 million. Microsoft Corp is a technology company. It develop, license, and support a wide range of software products and services. Its business is organized into three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing.
The Chairman of Khiron Life Sciences (Other OTC: KHRNF) is Buying Shares (Analyst Ratings)
Today, the Chairman of Khiron Life Sciences (KHRNF), Chris Naprawa, bought shares of KHRNF for $39.75K. Following this transaction Chris Naprawa’s holding in the company was increased by 4% to a total of $733.2K. In addition to Chris Naprawa, one other KHRNF executive reported Buy trades in the last month.
Sebi Orders Impounding of Over Rs 1.38 Crore in Tara Jewels Insider Trading Case (CNBCTV18)
Markets regulator Sebi has ordered impounding of more than Rs 1.38 crore from Tara Jewels Ltd’s chairman and managing director Rajeev Vasant Sheth and his daughters for indulging in insider trading in the company’s share. His two daughters, Aarti Sheth and Divya Sheth, were employed as the company’s vice presidents. The regulator ordered impounding of Rs 1.26 crore, Rs 9.62 lakh and Rs 2.09 lakh from Rajeev Vasant Sheth and Divya Sheth and Aarti Sheth, respectively, for “unlawful” notional loss avoided by them, according to the interim order passed on Friday.
