DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Institutional Fund"


6 mentions found


☆ Tesla investor and former 'fanboy' questions whether Elon Musk is purposely tanking the carmaker's stock
  + stars: | 2023-01-06 | by ( Grace Kay | ) www.businessinsider.com   time to read: +5 min
Tesla investor Leo KoGuan questioned whether Elon Musk is intentionally crushing Tesla stock. KoGuan, who is "one of Tesla's largest individual shareholders," per Bloomberg, had amassed about 22.6 million Tesla shares as of August 27, 2022. Musk, KoGuan, and Lagetko did not respond to a request for comment from Insider ahead of publication. On Friday morning, Tesla stock was trading around $105 per share, its lowest since August 12, 2020, amid slowing demand from China. The Tesla CEO's fortune, largely tied to his shares in Tesla, declined as the company's stock price tumbled.
☆ With big bets on Musk, these funds may have a Tesla problem in '23
  + stars: | 2023-01-04 | by ( David Randall | ) www.reuters.com   time to read: +4 min
Those funds dropped by an average of 42.1% last year, more than double the average 17% decline among U.S. stock funds, according to Morningstar. The $6 billion Baron Partners Retail fund, which leads all US mutual funds with about 52% of its assets in Tesla shares, fell nearly 43% last year, while the $54 million Zevenbergen Genea Institutional fund, which has 13% of its assets in Tesla, fell nearly 59%. Tesla fell about 65% last year, with declines accelerating after Musk decided to buy social media network Twitter, which some investors see as a distraction to the chief executive. His net worth has fallen by more than $100 billion, according to Forbes, bumping him from the position of world's richest person. The fund fell 67% last year, putting it near the bottom of all U.S. equity funds.
☆ Limiting volatility has driven Clarkston Founders fund to outperform in 2022
  + stars: | 2022-12-12 | by ( Alex Harring | ) www.cnbc.com   time to read: +4 min
The Clarkston Founders Institutional Fund has always tried to avoid volatility. The Founder's Fund has lost about 2.8% in 2022, notably outperforming other mid-cap value funds, which are down an average 7.2%, and a Morningstar benchmark index, which is lower by 5.6%, all through Dec. 9. As a result, the $610-million fund has a below average beta — a measurement of volatility relative to the broad market — of 0.85, according to Morningstar, versus 1.08 for all mid-cap value funds. The fund ranks in the 15th percentile of all mid-cap value funds in 2022, and is in the 23rd percentile over the past five years. Clarkston's investment policy emphasizes what it calls "quality value" stocks, regarded as high quality and considered undervalued relative to their long-term cash flows.
☆ Here's an exclusive look at the pitch deck that fintech startup WageFi used to raise its first $400,000 from former American Express and Goldman Sachs executives
  + stars: | 2022-10-20 | by ( Emilia David | ) www.businessinsider.com   time to read: +2 min
WageFi raised $400,000 from investors include former American Express and Goldman Sachs executives. Prshant Batra, who founded the company this year and serves as its CEO, previously worked for Goldman Sachs's consumer banking unit, Marcus, and American Express. The startup plans to mainly work with small and medium-sized businesses within the service industry that WageFi believes is underserved with financial products. While this is the first institutional funding for WageFi, Batra said he's not rushing any other fundraising for the company. Here is an exclusive look at the pitch deck WageFi used to raise $400,000 in pre-seed funding.
☆ The S&P Global exec in charge of the firm's DeFi efforts breaks down Wall Street's biggest hurdles to institutional adoption of crypto
  + stars: | 2022-09-23 | by ( Morgan Chittum | ) www.businessinsider.com   time to read: +3 min
Chief DeFi Officer at S&P Global, Chuck Mounts, spoke at the Messari Mainnet conference on Thursday. Mounts says institutional capital will flood into crypto once there's more regulatory clarity. In recent years, Wall Street giants have made progress in offering crypto and its related products to their clients. S&P Global Ratings has followed in line with the other financial giants, who've signaled interest in crypto. In terms of policy, Mount says, these include both clear and educated regulation and legislation in crypto.
☆ 22 MBA graduates share the best career advice they received in business school
  + stars: | 2019-10-09 | by ( Robin Madell | ) www.businessinsider.com   time to read: +1 min
Courtesy of Alicia Yoon"One of my professors told me a story about his first fishing trip with his father. My professor said, 'When you get out of here, remember to be in control of your destiny — and don't be that fish.' I took a different path with Peach & Lily. But we still haven't taken on institutional funding, and we are still guided by our original discipline to control our own destiny." — Alicia Yoon, founder and CEO of Peach and Lily and graduate of Harvard Business School
<< prev 1 next >>
Total: 6