Hedge Fund and Insider Trading News: Warren Buffett, Pantera Capital, Alta Fox Capital Management, Canadian National Railway (CNI), Cloudflare Inc (NET), and More

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Hedge Fund Predicts $115K Bitcoin Price and the Fall of ‘Speculative’ Altcoins (Bolly Inside)
New details from Pantera Capital, an expenditure agency and hedge fund, implies that Bitcoin’s (BTC) current cost motion is intently next the stock-to-adhere to model’s trajectory and the firm’s analysts believe that BTC will arrive at $115,212 by Aug. 1. Bitcoin’s parabolic rally may have placed the selling price a little bit ahead of the model’s projection and this week’s 28% correction sent short term shivers throughout the current market but sharp corrections and short consolidation periods are attribute of bull marketplaces.

Global Hedge Funds Struggle Even in a More Open China Market (Pensions&Investments)
Global asset managers are struggling to find a foothold in China’s 3.74 trillion yuan ($578 billion) hedge fund industry, despite long-awaited policy changes designed to give foreigners more paths to invest. In November, China expanded access for more than 400 foreign institutions like UBS Group and Citigroup, allowing them to invest through private securities funds, the local version of hedge funds.

Warren Buffett’s 2020 Scorecard (Morning Star)
Billionaire investor Warren Buffett had a mixed year by his standards, with some winners such as Apple and Snowflake balanced by banks and energy. In a tough year for most investors, even Warren Buffett had a mixed year by his standards. The share price of his Berkshire Hathaway (BRBK.B) investment company inched forward by just 2.5%, lagging major US benchmarks like the S&P 500. Top holding Apple (AAPL) had a stellar year and an investment in data IPO Snowflake (SNOW) proved an immediate hit. But there were a number of misses too, with investments in US banks and financial services proving costly.

Countries with the Smallest Government Per Capita in the WorldCountries with the Smallest Government Per Capita in the World


Video: Best Year in A Decade for Nordic HF – December Review (Hedge Nordic)
Stockholm (HedgeNordic) – Few would have predicted the Nordic Hedge Index would deliver the highest returns in a decade and end the year at an all-time-high after the first quarter of 2020! The NHX Composite rallied by 2.7% in December to close up 8.4% on the year. All sub-strategies are popping up in green: NHX-CTA advancing by 3.7%, Equities adding 4.1% and Multi-Strategy funds 2%, respectively. Nordic Fixed Income Strategies advanced by 0.5% and Fund of Funds climbed 1.6%.

Impairment Charge Sends GAM Further into the Red – But Swiss Manager Sees Investment Flows Rise in Q4 (Hedge Week)
Switzerland-headquartered global asset manager GAM, which is home to Cambridge-based quantitative hedge fund unit GAM Systematic, is set to post a CHF380 million (USD426.4 million) loss in its full-year 2020 results published next month. The loss stems mainly from a CHF377.7 million impairment charge announced in its first half results published last August, which relates to legacy goodwill resulting from the acquisition of GAM by Julius Baer in 2005 and UBS in 1999.

What ESG Transparency in Portfolio and Asset Governance Can Tell Us about ESG Commitment (Preqin)
Could a lack of ESG transparency be a sign of greenwashing, or does it point to the continued evolution of an industry still learning what ESG means and how to fully commit? As part of Preqin’s Sustainability Solutions effort to make private capital more sustainable and transparent, we have designed a model for measuring and comparing environmental, social, and governance (ESG) factors across the industry. The data provides a highly detailed and comparable breakdown of ESG profiles across LPs, GPs, and funds.

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