China Cracks Down On Malicious Lending And Web Crawlers, Temasek-backed Tongdun Tech Implicated - China Money Network
The Chinese government is cracking down on malicious online lending and web srawlers who illegally collect user data. The data is used by online lenders to issue malicious usurious loans to undiscerning consumers. A number of big data fintech startups have been implicated in the iinvestigations, including Beijing-based Tongdun Technology backed by Temasek Holdings and [...] China Cracks Down On Malicious Lending And Web Crawlers, Temasek-Backed Tongdun Tech Implicated comes originally from China Money Network. All Rights Reserved.
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of June. At Insider Monkey, we follow nearly 750 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are collectively bullish on. One of their picks is DocuSign, Inc. (NASDAQ:DOCU), so let's take a closer look at the sentiment that surrounds it in the current quarter.
Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that's why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an individual investor's stock selection process, as it may offer great insights of how the brightest minds of the finance industry feel about specific stocks. After all, these people have access to smartest analysts and expensive data/information sources that individual investors can't match.
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at delivering attractive risk-adjusted returns rather than following the ups and downs of equity markets hoping that they will outperform the broader market.
Hedge fund managers like David Einhorn, Bill Ackman, or Carl Icahn became billionaires through reaping large profits for their investors, which is why piggybacking their stock picks may provide us with significant returns as well. Many hedge funds, like Paul Singer's Elliott Management, are pretty secretive, but we can still get some insights by analyzing their quarterly 13F filings. One of the most fertile grounds for large abnormal returns is hedge funds' most popular small-cap picks, which are not so widely followed and often trade at a discount to their intrinsic value.
Total hedge fund capital declined modestly to $3.24 trillion, a slight reduction from the prior quarter record of $3.245 trillion, a decline of $5.5 billion, or approximately 0.17 basis points, according to data released today by HFR(r), the established global leader in the indexation, analysis and research of the global hedge fund industry. Capital inflows generated by new fund launches and into the industry's most established firms were offset by outflows from fund liquidations and investor redemptions from small-to-mid-sized firms. Estimated total industry net asset outflows were $6.8 billion for the quarter.
Hedge funds run by legendary names like George Soros and David Tepper make billions of dollars a year for themselves and their super-rich accredited investors (you've got to have a minimum of $1 million liquid to invest in a hedge fund) by spending enormous resources on analyzing and uncovering data about small-cap stocks that the big brokerage houses don't follow. Small caps are where they can generate significant outperformance. That's why we pay special attention to hedge fund activity in these stocks. Is Colony Capital Inc (NYSE:CLNY) the right pick for your portfolio?
Is Nextera Energy Partners LP (NYSE:NEP) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably, but their consensus stock picks historically outperformed the market after adjusting for known risk factors. Nextera Energy Partners LP (NYSE:NEP) investors should be aware of an increase in hedge fund sentiment of late. NEP was in 13 hedge funds' portfolios at the end of the second quarter of 2019.
Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 750 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile failures like hedge funds' 2018 losses in Facebook and Apple. Let's take a closer look at what the funds we track think about Peabody Energy Corporation (NYSE:BTU) in this article. Is Peabody Energy Corporation (NYSE:BTU) the right pick for your portfolio?
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at [...]