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asia.nikkei.com 32minutes ago

As Southeast Asia Muzzles Media, Investors Do Business As Usual - Nikkei Asian Review

As well as being able to load content faster than ever before, you'll now find it's much easier to find all the content you need about the Asian business world. BANGKOK -- The arrest last week of a high-profile journalist in the Philippines and a gag order against a Thai television station are the latest reminders that Southeast Asia's press freedoms rest on the whims of governments.
Read by 38% of LPs

theguardian.com 27 minutes ago

Roger Mcnamee: 'it's Bigger Than Facebook. This Is A Problem With The Entire Industry' | Books

Mark Zuckerberg's mentor and an early investor in Facebook on why his book Zucked urges people to turn away from big tech's toxic business modelRoger McNamee is an American fund manager and venture capitalist who has made investments in, among others, Electronic Arts, Sybase, Palm Inc and Facebook. In 2004, along with Bono and others, he co-founded Elevation Partners, a private equity firm. He has recently published Zucked: Waking Up to the Facebook Catastrophe.What is your history with Facebook?I've been a technology investor since 1982, and a tech optimist until very recently.
Read by 30% of LPs

investopedia.com 27 minutes ago

Berkshire Trims Apple, Sells Oracle And Buys Big Banks

A look at the calls made by Warren Buffett's conglomerate in the fourth quarter. : Berkshire Hathaway Inc. (BRK.B), the conglomerate run by billionaire investor Warren Buffett, sold some of its giant stake in Apple Inc. (AAPL), called it quits on Oracle Corp. (ORCL) and used some of its freed-up capital to top up on bank stocks in the last three months of 2018. The firm's hotly anticipated 13F filing revealed that it was eager to buy into financials after a sector-wide selloff.
Read by 43% of LPs

businessinsider.com 32 minutes ago

10 Best Paid Hedge Fund Managers In 2018

The 10 best paid fund managers in the world made $7.7 billion in 2018 with one fund manager seeing his fortune increase $1.8 billion last year. Many of the world's biggest funds saw big returns even after stock markets performed poorly in 2018. Despite the crazy figures 2018 was a tough year for funds in general with closures outnumbering launches for the third year in a row. Beyond the one percenters lies a realm of extreme remuneration reserved for hedge fund managers. The top 10 earners bringing in $7.7 billion in 2018.
Read by 38% of LPs

barrons.com 32 minutes ago

Windstream Loses Legal Case Against Hedge Fund Aurelius, And Now Is Stuck With A Huge Bill - Barron's

Windstream, a communications company, lost its battle against hedge fund Aurelius Capital. A judge ruled that Windstream did breach a bond covenant in 2015, and now owes Aurelius $310 million.
Read by 31% of LPs

nypost.com 32 minutes ago

These 1 Percenters Are Nyc Real Estate's Biggest Losers

Don't believe the brochures. A Billionaire's Row apartment can be a terrible investment. "One of the things that I struggle to wrap my head around is why people continue to park money in high-end New York real estate when it's not a very lucrative asset class," said Grant Long, senior economist at StreetEasy, a New...
Read by 57% of LPs

fairfieldcurrent.com 32 minutes ago

Tripadvisor Inc (trip) Shares Sold By Ls Investment Advisors Llc

LS Investment Advisors LLC trimmed its holdings in shares of Tripadvisor Inc (NASDAQ:TRIP) by 20.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,712 shares of the travel company's stock after selling 1,188 shares during the quarter. LS Investment Advisors LLC's holdings in Tripadvisor were worth $254,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other hedge funds have also made changes to their positions in the company.
Read by 36% of LPs

fairfieldcurrent.com 10 hours, 32 minutes ago

Medifast Inc (med) Shares Sold By Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank lowered its holdings in Medifast Inc (NYSE:MED) by 12.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 903 shares of the specialty retailer's stock after selling 131 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Medifast were worth $113,000 at the end of the most recent quarter. Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Navellier & Associates Inc grew its holdings in Medifast by 10.3% in the 4th quarter.
Read by 64% of LPs

insidephilanthropy.com 10 hours, 32 minutes ago

The Arts And More: How Suzanne And David Booth Give In Texas -- Inside Philanthropy

Backstopped by a large finance fortune, the Booths have become important donors to watch in the state, especially for the arts. We take a look at which organizations have been winning support from the couple.
Read by 59% of LPs

fairfieldcurrent.com 10 hours, 42 minutes ago

Winton Group Ltd Grows Stake In Blackrock, Inc. (blk)

WINTON GROUP Ltd grew its holdings in shares of BlackRock, Inc. (NYSE:BLK) by 109.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 43,882 shares of the asset manager's stock after purchasing an additional 22,955 shares during the quarter. WINTON GROUP Ltd's holdings in BlackRock were worth $17,238,000 as of its most recent filing with the Securities & Exchange Commission. Other hedge funds and other institutional investors have also added to or reduced their stakes in the company.
Read by 40% of LPs