Is There a Place for Hedge-Fund Investing After you Retire? (MoneyWeb.co.za)
Including a hedge fund can give you a very consistent return profile in a living annuity environment – Alan Yates from Peregrine Capital. Ciaran Ryan: Is there a place for hedge-fund investing after you retire? One of the benefits of hedge funds is the ability to diversify across asset classes and, more importantly, to deliver positive returns regardless of market conditions. Peregrine Capital is the oldest hedge-fund manager in South Africa, and this year celebrates its 25th anniversary. Its flagship High Growth Fund has returned 130 times the money invested at inception over those 25 years. So is there a role for hedge funds in your post-retirement years?
Monday 8/28 Insider Buying Report: NI, KGS (Nasdaq.com)
At NiSource, a filing with the SEC revealed that on Wednesday, CEO Lloyd M. Yates bought 40,000 shares of NI, for a cost of $26.44 each, for a total investment of $1.06M. So far Yates is in the green, up about 1.6% on their buy based on today’s trading high of $26.86. NiSource Inc. is trading up about 0.9% on the day Monday. And on Thursday, CEO Robert Michael McKee bought $292,033 worth of Kodiak Gas Services, buying 16,180 shares at a cost of $18.05 a piece. Before this latest buy, McKee made one other purchase in the past twelve months, buying $360,000 shares for a cost of $16.00 each. Kodiak Gas Services is trading up about 2.7% on the day Monday. So far McKee is in the green, up about 3.4% on their purchase based on today’s trading high of $18.66.
PC Connection President & CEO Sold $1.88M In Company Stock (Benzinga)
Timothy J McGrath, President & CEO at PC Connection (CNXN), reported a large insider sell on August 24, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that McGrath sold 35,465 shares of PC Connection. The total transaction amounted to $1,879,520. PC Connection shares are trading down 1.22% at $51.9 at the time of this writing on Friday morning.
Hedge Funds Are Most Bullish on EM Equity Futures Since 2020 (Bloomberg)
Hedge funds’ bullish bets in emerging-market equity futures have risen to the highest since the gauge’s pandemic low three years ago, signaling budding optimism for the asset class. Net long leveraged fund positions on futures linked to the MSCI Emerging Markets Index have been positive every week since the start of July and now total 62,544 contracts, the highest since March 2020, according to data compiled from Commitments of Traders reports from the US Commodity Futures Trading Commission.
Ken Fisher’s Top 15 Growth Stock Picks (Insider Monkey)
In this article we take a look at some top growth stocks in Ken Fisher’s portfolio. To see the top 5 stocks in this list click Ken Fisher’s Top 5 Growth Stock Picks. Markets struggled to find a direction on August 25 following mixed comments from Federal Reserve Chair Jerome Powell at the Jackson Hole Economic Symposium in Jackson Hole, Wyoming. While Powell acknowledged that inflation came down from its peak levels, he’s still concerned about high consumer spending and believes further signs of strong activity and economic growth could force the central bank to increase interest rates. Despite this clear stance, some analysts and investors still believe stocks will ultimately come out of the woods and the US will not face a full-fledge recession.
