Future-Proofing Core Real Estate (Preqin)
The abundance of risks to the world economy has underpinned the importance of future-proofing real estate portfolios. Even for relatively stable core assets, investment philosophies must look to the future rather than simply relying on what has worked in the past. Moreover, the COVID-19 pandemic has re-emphasized this need for an outlook that anticipates long-term socioeconomic trends.
Diginex’s Bletchley Park Fund Generated a 35 per cent Return in Year to 31 Jan (Hedge Week)
Diginex Limited’s flagship liquid alpha centric fund of crypto hedge funds, Bletchley Park Multi Strategy Fund (BPMSF), generated an estimated net 35 per cent return for the last twelve months, as of 31 January. BPMSF primarily invests in alpha strategies that generate returns with limited directional exposure to underlying crypto prices (eg, movements in the price of bitcoin). BPMSF has achieved this through investing in a range of carefully selected crypto hedge fund managers with the objective of being profitable in a range of market conditions, including periods of declining crypto currency prices.
Insider Trading: March 1, 2021 (BIV.com)
Insider Jerry Kroll, Director. Company: Electrameccanica Vehicles Corp. (Nasdaq:SOLO). Shares owned: 3,658,525. Trade date: February 11, 12. Trade total: US$1,399,350. Trade: Sale of 172,866 shares at prices from US$7.98 to US$8.21 per share. Insider Craig A. Roberts, director. Company: Global Battery Metals Ltd. (TSX-V:GBML). Shares owned: 438,505. Trade date: February 11, 12. Trade total: $989,505. Trade: Sale of 850,600 shares at prices from $1.13 to $1.18 per share.
The Past Week’s Notable Insider Buys: Agree Realty, Avis Budget, Zoetis And More (Benzinga)
Here are some of the most noteworthy insider purchases that were reported in the past week. American Assets Trust, Inc (AAT) saw its chief executive officer, Ernest Rady, indirectly acquire about 118,000 shares of this San Diego-based real estate investment trust recently. At prices ranging from $29.44 to $30.26 per share, the total for these purchases came to over $5.31 million. A 10% owner that has been acquiring shares of Austin, Texas-based Molecular Templates Inc (MTEM) since last October picked up about 309,000 more of them in the past week. The most recent transactions cost that owner more than $3.51 million, at per-share prices ranging from $11.28 to $11.48.
Monday 3/1 Insider Buying Report: CERN, M (Nasdaq.com)
At Cerner, a filing with the SEC revealed that on Wednesday, CFO Mark J. Erceg purchased 10,655 shares of CERN, at a cost of $70.43 each, for a total investment of $750,422. Bargain hunters can buy CERN at a price even lower than Erceg did, with shares changing hands as low as $69.48 at last check today which is 1.3% below Erceg’s purchase price. Cerner is trading up about 1.3% on the day Monday. This purchase marks the first one filed by Erceg in the past year. And at Macy’s, there was insider buying on Friday, by Director Paul C. Varga who purchased 33,115 shares for a cost of $15.42 each, for a trade totaling $510,630. Macy’s is trading up about 5.8% on the day Monday.
1-800-flowers.com Inc (FLWS) CEO and President Christopher G Mccann Sold $1 million of Shares (Guru Focus)
CEO and President of 1-800-flowers.com Inc, Christopher G Mccann, sold 35,700 shares of FLWS on 02/26/2021 at an average price of $29.23 a share. The total sale was $1 million. 1-800-Flowers.com Inc is a U.S. based provider of gourmet food and gift baskets, consumer floral, and BloomNet wire service.
SEC Suspends Trading in Multiple Issuers Based on Social Media and Trading Activity (HedgeCo.net)
(HedgeCo.Net) As part of its continuing effort to respond to potential attempts to exploit investors during the recent market volatility, the Securities and Exchange Commission has suspended trading in the securities of 15 companies because of questionable trading and social media activity. The action follows the recent suspensions of the securities of numerous other issuers, many of which may also have been targets of apparent social media attempts to artificially inflate their stock price. The SEC continues to review market and trading data to identify other securities where the public interest and the protection of investors require trading suspensions.
