Industry Innovators: How CTA Veteran David Gorton’s Quant Firm DG Partners is Thriving Amid Trend-Following Turmoil (Hedge Week)
The aim of London-based systematic managed futures hedge fund manager DG Partners is simple, says founder and chief investment officer David Gorton: “To be the best trend-follower we can be in the business.” Established in 2002 by Gorton – a former JP Morgan prop trading chief and 30-year industry veteran who later launched a joint venture between DG Partners and hedge fund giant Brevan Howard – the firm today manages around USD1.5 billion in assets, with its flagship quantitative managed futures strategy running about USD850 million. DG Partners only manages assets for professional clients. Despite rapid shifts in markets and technology, which have dramatically altered trend-following techniques in the past two decades, the firm has maintained a creditable track record in the industry which stems from a “strategic choice” to avoid any style drift, explains Gorton.
Making the Much-Craved Leap (Hedge Nordic)
Stockholm (HedgeNordic) – A Danish serial entrepreneur, author and investor is awaiting the go-ahead from regulators to launch his own hedge fund. Lars Tvede, a Danish citizen who has been living in Switzerland for many years, is launching a Luxembourg-domiciled hedge fund set to be managed by a Switzerland-based investment management firm. “For long periods over the last 30 years, I have made hedge fund-like investments for myself. In the years 2000 to 2006, I did pretty much nothing else.
Warren Buffett’s 5 Best Investing Tips for People Who Don’t Follow the Stock Market (The Motley Fool)
Want an investment strategy that the Oracle of Omaha would approve of? You don’t need to spend hours scouring financial statements. Warren Buffett has a pretty simple strategy that he thinks is the best way for the overwhelming majority of people to invest. Here’s how the legendary chairman of Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) thinks you should invest, even if you don’t follow the stock market.
Twilio Inc (TWLO) CEO Jeff Lawson Sold $16.5 million of Shares (Guru Focus)
CEO of Twilio Inc, Jeff Lawson, sold 49,500 shares of TWLO on 10/19/2020 at an average price of $333.69 a share. The total sale was $16.5 million. Twilio Inc provides a cloud communications platform that enables developers to build, scale and operate communications within software applications through the cloud as a pay-as- you-go service.
The Divisional Executive Vice-President of Aritzia (Other OTC: ATZAF) is Selling Shares (Analyst Ratings)
Today, the Divisional Executive Vice-President of Aritzia Inc (OTCMKTS: ATZAF), Philippa Morgan, sold shares of ATZAF for $195K. The company has a one-year high of $19.76 and a one-year low of $6.45. The Company has a Price to Book ratio of 26.41. Based on 6 analyst ratings, the analyst consensus is Strong Buy with an average price target of $18.93, reflecting a -8.9% downside.
Insider Trading and Congress: How Lawmakers Get Rich from the Stock Market (CNBC)
Four U.S. senators were accused in March of using insider information about the coronavirus pandemic to profit in the stock market. A couple of months later, the investigations into Sens. Kelly Loeffler, R-Ga., Dianna Feinstein, D-Calif., and James Inhofe, R-Okla., were closed. Sen. Richard Burr, R-N.C., stepped down as chairman of the Senate Intelligence Committee amid the allegations.
